voluntary administration

Travel Agents

STA Travel placed into liquidation

by Huntley Mitchell

Administrators of the collapsed travel company have confirmed the inevitable, with the likelihood of a return to creditors not looking all that promising.

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Aviation

All over, red rover: Virgin Australia’s creditors approve sale to Bain Capital

by Huntley Mitchell

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

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Aviation

Virgin’s administrators reveal sale price to Bain, after rogue bondholders retreat

by Huntley Mitchell

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.

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Travel Agents

STA Travel customers and creditors get the lowdown from administrators

by Huntley Mitchell

Customers and creditors of the collapsed STA Travel have been filled in on the company’s dire financial state by its locally-appointed administrators.

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Aviation

Bondholders dealt big blow in their bid for Virgin Australia

by Huntley Mitchell

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.

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Aviation

Virgin Blue co-founder and former execs back bondholders’ bid for Virgin Australia

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

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Aviation

Tigerair scratched, thousands of jobs cut and a simplified fleet: Virgin Australia’s six-point blueprint for success

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.

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Aviation

Agent confidence “of paramount importance”: Virgin Australia bidder to honour pre-paid tickets

by Huntley Mitchell

Agents who sold pre-paid tickets for flights with the beleaguered airline have been given a much-needed shot in the arm by one of its bidders.

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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

Federal govt mocks Queensland’s “laughable” Virgin bid, as Rex eyes capital city flights

by Huntley Mitchell

The Queensland government has thrown its hat in the ring to bid for Virgin Australia, as the deadline for non-binding offers draws closer.

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Aviation

Virgin update: Administrators deny borrowing $200m, travel credit and refund pause, US legal action + MORE

by Huntley Mitchell

We’ve got so much juicy Virgin Australia news for you that we’ve basically dedicated a whole wrap to it.

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