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Bain Capital agrees to buy Virgin Australia, hard work begins

By |June 26th, 2020|

Bain Capital has entered into an agreement to buy Virgin Australia, Australia’s second-largest airline, which entered voluntary administration on April 21.   Virgin Australia Group Chief Executive Officer and Managing Director, Paul Scurrah said: “This is More ...

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Sonder says occupancies now at 75%, raises $170m funding

By |June 26th, 2020|

Sonder interior. Company says guests want digital check-in, keyless entry, professional cleaning, and no contact. Leading short term rental company Sonder has just raised US$170m and says average occupancy has bounced back to More ...

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Serko Results Reveal Business Travel Decimated by COVID-19

By |June 24th, 2020|

Annual results from corporate travel booking platform Serko reveal a sector decimated by  COVID-19 with the recovery time frame exceptionally uncertain. The company predicts the Australasian market could still be operating at just  40% of More ...

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