Then There Were Two: Virgin Narrows Down Potential Buyers
The field of potential Virgin Australia buyers has been narrowed down to two, with Cyrus Capital Partners and Bain Capital now competing to become the new owners of the collapsed
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Virgin Australia
Velocity Reinstates Limited Domestic Flight Redemptions
It’s once again possible to redeem Velocity points for Virgin Australia flights, almost four weeks after redemptions were temporarily paused due to Virgin Australia entering voluntary administration. Both Velocity Reward
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No Refunds, Only “Conditional Credits” for Virgin Customers
The federal court has approved a proposal by the Virgin Australia administrator to offer restrictive “conditional credits” to Virgin Australia customers instead of refunds. The new policy applies to Virgin
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Virgin “Pauses” Refunds, Travel Credits
If you have a cancelled Virgin Australia flight, the airline says that you can still request a travel bank credit. If you bought a refundable ticket, such as a Freedom
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Virgin Australia Creditors Owed $6.8 Billion
Virgin Australia currently owes $6.8 billion – more than previously thought – to around 12,000 creditors, the administrators have revealed. More than 9,000 of those creditors are Virgin employees, which
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