Virgin Australia forced into voluntary administration, as Deloitte says ‘there are no plans to make redundancies’

Virgin Australia has entered voluntary administration, leaving the jobs of at least 15,000 airline workers and connected supply chain workers under a cloud. Key points: Virgin Australia is now being run by Deloitte administrators, who will work with the company on paying off its debts Virgin Group founder Richard Branson has vowed that the airline…

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The Road Development Authority (RDA) has commenced the liquidation of several of its long-criticised subsidiaries, with a court-appointed liquidator already overseeing the winding-up process of one entity.

Court-appointed liquidator already overseeing winding-up process of one entity Expressway Transport Company buses to be transferred to SLTB Liquidation of Maga Neguma entities and RDA’s luxury bus company approved The Road Development Authority (RDA) has commenced the liquidation of several of its long-criticised subsidiaries, with a court-appointed liquidator already overseeing the winding-up process of one…