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The Australian Federation of Travel Agents (AFTA) has received confirmation that Bain Capital will honour the estimated $100m worth of pre-paid Virgin Australia tickets purchased through member travel agents.The commitment follows representations from AFTA Chair Tom Manwaring to Virgin Australia Administrator Deloitte and the two shortlisted bidders Cyrus Capital and Bain Capital.

Cyrus Capital has also confirmed that pre-paid tickets will be honoured.