voluntary administration

Iconic Sydney venue enters administration

COVID-19 lockdowns and failed lease negotiations have forced one of Sydney's most-loved…

alexandra alexandra

Collapse of Helloworld agencies prompt urgent warning from business restructuring expert

Struggling travel companies are being urged to seek help before JobKeeper is…

huntley huntley

“Devastated”: CATO reacts to Tucan Travel’s collapse

CATO has acknowledged the UK and Australian-owned company’s 33-year contribution to the…

huntley huntley

UK and Australian-owned tour operator collapses

The company has specialised in adventure travel since 1987, offering more than…

huntley huntley

Excite Holidays payout to creditors estimated to be more than previously thought

Were you one of the unfortunate ones caught up in the wholesaler’s…

huntley huntley

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…

huntley huntley

STA Travel placed into liquidation

Administrators of the collapsed travel company have confirmed the inevitable, with the…

huntley huntley

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…

huntley huntley

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,…

huntley huntley

STA Travel customers and creditors get the lowdown from administrators

Customers and creditors of the collapsed STA Travel have been filled in…

huntley huntley

Bondholders dealt big blow in their bid for Virgin Australia

The hopes of Virgin Australia’s bondholders in blocking the airline’s sale to…

huntley huntley

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…

huntley huntley

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…

huntley huntley

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…

huntley huntley

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…

huntley huntley

Administrators shortlist Virgin bidders, as Velocity point redemptions resume

The administrators of Virgin Australia have whittled down the number of suitors…

huntley huntley

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…

huntley huntley

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…

huntley huntley

Sydney Opera House eyes takeover of Carriageworks following iconic venue’s collapse

Will the Sydney Opera House come to the rescue of another of…

huntley huntley

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…

huntley huntley

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,…

huntley huntley

Three local travel companies collapse under the weight of COVID-19

The tough operating environment facing the travel industry has proven too much…

huntley huntley

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…

huntley huntley

REVEALED: Deloitte’s seven-point pitch to Virgin suitors

Virgin Australia's administrators have put together a list of reasons why prospective…

huntley huntley

Tourism and hospitality sectors react to Virgin Australia’s big news

While Virgin Australia's move into voluntary administration wasn't necessarily a shock, the…

huntley huntley

Travel industry reacts to Virgin’s move into administration

While it wasn’t necessarily a shock when Virgin Australia announced this morning…

huntley huntley

IT’S OFFICIAL: Virgin Australia enters voluntary administration

After much speculation and deliberation, Virgin Australia has announced it has entered…

huntley huntley

More details on Excite’s money woes emerge, as agents’ FAQs are answered

Further details on the wholesaler's collapse have been revealed, while affected agents…

huntley huntley

Industry reacts to shock collapse of Tempo Holidays and Bentours

The sudden exit of Tempo Holidays and Bentours from the local market…

huntley huntley

‘Abandoned’ travel agency leaves clients out of pocket by up to $30,000

First alarm bell: the terms and conditions section of the agency's website…

alexandra alexandra

Cancelled flights: JetGo enters voluntary administration

The regional commercial airline has cancelled all regular passenger transport services following…

alexandra alexandra