Virgin bondholders go to court to disrupt sale
Bondholders have gone to court to try to have their proposal for Virgin Australia voted on by creditors.
Bondholders have gone to court to try to have their proposal for Virgin Australia voted on by creditors.
Sydney Airport chief takes aim at absence of clear rules around travel restrictions after a $53.6m loss in the first half of 2020.
Qantas is under fire from its most senior pilots over what they perceive to be unequal treatment.
Unfortunate timing has contributed to a Qantas share offer attracting little interest from shareholders and raising just 14 per cent of the $500m target.
Qantas has seen little support from shareholders for a new share offer, raising $72m instead of the targeted $500m.
Virgin Australia employees facing the axe have been urged by a key union not to vote against the sale to Bain Capital out of spite.
AFP issue warning as three women are accused of trying to steal from other people’s superannuation funds.
The lack of flying opportunities has not stopped frequent flyers earning and redeeming billions of points.
Virgin’s bondholders would get back up to 67c in the dollar under an ambitious rival proposal put to the airline’s administrators.
Richard Branson is still seeking a role in a relaunched Virgin Australia despite Virgin Atlantic’s struggle to survive.
Original URL: https://www.theaustralian.com.au/author/robyn-ironside/page/194