Fly365: online flight booking firm goes into administration, leaving travellers out of pocket | Travel & leisure

An online flight booking company with links to collapsed budget airfare company Bestjet has left travellers thousands of dollars out of pocket after it entered voluntary administration just days after customers say they handed over money to the firm. sydney-based Fly365 appointed a voluntary administrator on Friday, wiping both its website and Facebook page and…

Insolvency law failing small business

Prof Jason Harris, Sydney Law School One of the problems is that our insolvency laws adopt a ‘one-size-fits-all’ approach that makes little distinction between winding up a national transport company and dealing with a failed corner store business. This work must be paid for and while the former may well justify the attention of what…