This story is for all the frequent flyer status whores out there, particularly the PPS Club and KrisFlyer Elite ones.

In a move that has surely pissed of Alan Joyce, Virgin’s CEO has gone and poached one of her fave ex-colleagues from the flying kangaroo.

Are you seeking other ways to boost your Velocity points than by buying a case of Virgin Wines or signing up for another credit card? Look no further.

Unfortunately, Travel Weekly’s editor won’t be able to take advantage of this sweet new offer after spending all of his Velocity points on a new sandwich press and a Fitbit.

The administrators of Virgin Australia have whittled down the number of suitors after spending the weekend mulling over all the non-binding offers. Find out who they are here.

Were you hoping to redeem some of your Velocity points to purchase a new toaster or some bed linen? Well, we’ve got some bad news.

Addicted to news about frequent flyer programs? Well, get ready to jab yourself once more with this.

Like the plot of I Dream of Genie, frequent flyer schemes seem to get more and more complicated without anyone noticing.

Here’s how a new player is disrupting the Aussie points and rewards landscape, where Qantas and Virgin wear the pants.