Virgin Australia bondholders urged to sign up for class action
For those unfamiliar with financial lingo, a bondholder is someone that owns…
Construction halted at W Sydney and Ritz-Carlton Melbourne following Probuild collapse
The construction giant's parent company has blamed the Australian government's "hard-line approach…
Iconic Sydney venue enters administration
COVID-19 lockdowns and failed lease negotiations have forced one of Sydney's most-loved…
One of Australia’s largest hostel groups collapses into administration
Looks like backpackers may need to find somewhere else to play beer…
UK and Australian-owned tour operator collapses
The company has specialised in adventure travel since 1987, offering more than…
Biden rushes to extend US travel restrictions after Trump signs order to lift European ban
Just in case the political climate in the US wasn't terrifying enough,…
New Virgin Australia CEO unveils airline’s future direction, as administrators offer parting remarks
Wondering what Jayne Hrdlicka and Bain Capital really have planned for Virgin…
Virgin Australia directors resign in droves
Bain Capital is wiping the slate clean at Virgin, with many more…
Financial reporting and AGM pressure eases for Virgin Australia
The embattled airline has also launched a 20th birthday sale, with fares…
Virgin Australia boss Paul Scurrah to exit, replacement revealed
Numerous reports of Paul Scurrah’s imminent departure from Virgin Australia have finally…
STA Travel placed into liquidation
Administrators of the collapsed travel company have confirmed the inevitable, with the…
Virgin Australia to cut 150 head office roles, pauses JV with Delta Air Lines
Virgin Australia’s imminent emergence out of administration continues to take shape, with…
All over, red rover: Virgin Australia’s creditors approve sale to Bain Capital
The inevitable has been confirmed, with Bain Capital getting the tick of…
Virgin’s administrators reveal sale price to Bain, after rogue bondholders retreat
The administrators of Virgin Australia have issued their all-important report to creditors,…
STA Travel customers and creditors get the lowdown from administrators
Customers and creditors of the collapsed STA Travel have been filled in…
STA Travel files for insolvency
The global pandemic has signalled the end for another travel company, with…
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…
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…
Sydney’s Carriageworks set to reopen following multi-million-dollar bailout
After staring death in the face, Australia’s largest contemporary multi-arts precinct will…
“We are truly sorry”: Cruise & Maritime Voyages enters administration
In very sad news, Cruise & Maritime Voyages and its sister companies…
Aussie student travel company collapses, leaving thousands in the lurch
A local travel company specialising in educational tours has gone into liquidation,…
The bad news for Virgin Australia’s shareholders
Did you happen to purchase some shares in Virgin right before it…
What has Bain got in store for Virgin Australia?
After being chosen as Virgin’s preferred bidder late last week, many have…
WINNER WINNER: Bain Capital triumphs in Virgin Australia bidding war
Following a comprehensive sale campaign, Virgin Australia’s administrators have chosen its preferred…
BOOM! Virgin’s bondholders crash the bidding party with $3 billion proposal
You could sense that something was brewing amongst Virgin Australia’s bondholders, and…
Agent confidence “of paramount importance”: Virgin Australia bidder to honour pre-paid tickets
Agents who sold pre-paid tickets for flights with the beleaguered airline have…
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…
Administrators shortlist Virgin bidders, as Velocity point redemptions resume
The administrators of Virgin Australia have whittled down the number of suitors…
Federal govt mocks Queensland’s “laughable” Virgin bid, as Rex eyes capital city flights
The Queensland government has thrown its hat in the ring to bid…
Virgin update: Administrators deny borrowing $200m, travel credit and refund pause, US legal action + MORE
We've got so much juicy Virgin Australia news for you that we've…
HERE WE GO: Deadline set for Virgin Australia offers, as 20 suitors flag their interest
With Virgin Australia’s administrators holding the first meeting of creditors today, more…
Virgin update: Suitor made move 18 months ago, administrators seek help and Velocity joins creditor list
As the administrators and creditors of Virgin prime themselves for tomorrow’s meeting,…
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…
One Ocean Expeditions goes under
Hot off the heels of Excite Holidays' collapse comes news that a…