UK and Australian-owned tour operator collapses
The company has specialised in adventure travel since 1987, offering more than 400 escorted group tours and tailor-made ...
No dice for STA Travel creditors, but hope remains for customers
Did you happen to work for the now-defunct agency network when it collapsed? Well, as hard as it is, you're probably goi...
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 collapse earlier this year? Consider this a ‘must...
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 now that the airline has taxied its way ou...
Court approves Virgin Australia share transfer to Bain Capital
Have you ever figured out a film's ending before you finished watching it? Prepare to get a similar vibe here.
Virgin Australia directors resign in droves
Bain Capital is wiping the slate clean at Virgin, with many more departures announced.
Financial reporting and AGM pressure eases for Virgin Australia
The embattled airline has also launched a 20th birthday sale, with fares from just $69, along with a bunch of cheap tick...
Virgin Australia boss Paul Scurrah to exit, replacement revealed
Numerous reports of Paul Scurrah’s imminent departure from Virgin Australia have finally been confirmed.
STA Travel placed into liquidation
Administrators of the collapsed travel company have confirmed the inevitable, with the likelihood of a return to credito...
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 approval from creditors.
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, which fails to mention the n...
STA Travel customers and creditors get the lowdown from administrators
Customers and creditors of the collapsed STA Travel have been filled in on the company’s dire financial state by its l...
Bondholders dealt big blow in their bid for Virgin Australia
The hopes of Virgin Australia’s bondholders in blocking the airline’s sale to Bain Capital have been all but dashed ...
Virgin’s administrators issue all-important update to creditors
Vaughan Strawbridge and his team at Deloitte have updated Virgin’s creditors with some key info ahead of next month’...
Court tells Virgin’s administrators to be “full and frank” with creditors or risk delaying sale
Travel Weekly’s editor pored over a 15-page document from the Federal Court to deliver you this piece of original repo...
“Unacceptable”: Virgin Australia bondholders attempt to spoil Bain’s takeover deal
Like a pesky fly you just can't get rid of, Virgin's bondholders are back again to try and derail the airline's sale pro...
The bad news for Virgin Australia’s shareholders
Did you happen to purchase some shares in Virgin right before it collapsed? Continue to regret your investment decision ...
What has Bain got in store for Virgin Australia?
After being chosen as Virgin’s preferred bidder late last week, many have been wondering what Bain Capital has planned...