The latest development in the Virgin Australia saga has unhappy bondholders confirming they will put their offer to creditors next month, despite Bain having already pumped millions into the airline to keep it afloat over the last few months.

Join hosts Phil Tarrant, Christian "Boo" Boucousis and Adam Thorn as they recap this week's headlines on the Australian Aviation Podcast, including Brisbane's brand new billion-dollar runway, saying goodbye to the Qantas 747, and a changing of the guard at CASA.

In this episode they'll also touch on a new Microsoft flight simulator program, the cause of the recent R44 rash in WA, and NSW's investment into an electric flying car testing facility.