Bain Capital is wiping the slate clean at Virgin, with many more departures announced.

The embattled airline has also launched a 20th birthday sale, with fares from just $69, along with a bunch of cheap tickets to and from Melbourne.

Virgin’s executive team is set to have a whole new look post-administration, while an expert has warned that the airline’s new owner has seemingly adopted “a classic pump and dump strategy”.

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

Virgin Australia’s imminent emergence out of administration continues to take shape, with the embattled airline flagging more redundancies.

Virgin Australia’s claiming this new booking policy to be a first among Aussie airlines, which is sure to rile up Alan Joyce just a little bit.

The inevitable has been confirmed, with Bain Capital getting the tick of approval from creditors.

The administrators of Virgin Australia have issued their all-important report to creditors, which fails to mention the number of late-night Uber Eats orders made by Vaughan Strawbridge and his team.

The hopes of Virgin Australia’s bondholders in blocking the airline’s sale to Bain Capital have been all but dashed following a Federal Court hearing.

Yes, there’s been yet another juicy development in the race to own Virgin Australia. All is revealed here.

Have you been wondering what the hell Virgin and its future owner have been up to as the administration process nears the finish line? All is revealed here.

Neville Howell, Alan Joyce and Paul Scurrah have been emailing each other high five GIFs today after receiving this pleasing bit of news.