Vaughan Strawbridge

Aviation

Virgin Australia boss Paul Scurrah to exit, replacement revealed

Numerous reports of Paul Scurrah’s imminent departure from Virgin Australia have finally been confirmed.

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Aviation

Virgin’s administrators issue all-important update to creditors

by Huntley Mitchell

Vaughan Strawbridge and his team at Deloitte have updated Virgin’s creditors with some key info ahead of next month’s meeting. Read all the juicy bits from the circular right here.

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Aviation

WINNER WINNER: Bain Capital triumphs in Virgin Australia bidding war

by Huntley Mitchell

Following a comprehensive sale campaign, Virgin Australia’s administrators have chosen its preferred bidder to put forward to creditors.

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Aviation

Virgin Australia bids locked in, but is an eleventh-hour play imminent?

by Huntley Mitchell

The next stage of Virgin Australia’s sale process is underway, but could we still be in for one more surprise?

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Aviation

Virgin’s administrators warn bidders may withdraw if govt fails to provide more financial certainty

Virgin Australia’s administrators have urged the federal government to provide more financial certainty for the airline, or risk its sale falling in a heap.

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Aviation

Virgin’s administrators still yet to name final two suitors following surprise bid

Virgin Australia’s administration process is starting to resemble Bathurst’s famous Mount Panorama racetrack, given the number of twists and turns.

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Aviation

Administrators shortlist Virgin bidders, as Velocity point redemptions resume

by Huntley Mitchell

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.

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Aviation

Virgin update: Creditors owed $6.8bn, suitor’s “Team Australia bid” and Scurrah’s CEO challenger

There have been quite a few interesting developments in the administration process of Virgin Australia, as the airline’s future hangs in the balance.

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