Vanuatus only airline has entered voluntary liquidation after its government ordered a review of the carriers operations, disrupting the travel plans of hundreds scheduled to fly between the island nation, Australia and New Zealand over the next week.
Ernst & Young (EY) were appointed liquidators on Friday after the government-owned airline was grounded earlier this week. Air Vanuatu confirmed on Thursday that all flights were cancelled until Monday at the earliest so the company could consider its options.
Air Vanuatus single Boeing 737-800 has been out of action since March. Credit: iStock
The carrier usually flies from Sydney and Brisbane to Port Villa…
Read the full article at: https://www.smh.com.au/business/companies/air-vanuatu-in-liquidation-following-fleet-issue-poor-trading-20240510-p5jchz.html