Details have emerged of a $17 million deal that could have saved online travel company Bestjet and potentially spared thousands of customers heavy losses.
A consortium claims it was in talks to buy the doomed Queensland company, five months before it collapsed, but pulled out when the operator came back to them with a list of outrageous demands.
A Memorandum of Understanding (MOU), signed in July last year, states the consortium would purchase 100 per cent of the issued shares in Bestjet Travel, Wynyard Travel, Brooklyn Travel and associated entities for $US12.887 million.
Read more 9Finance coverage of the Bestjet collapse here
Sources…
Read the full article at: https://finance.nine.com.au/2019/02/13/14/07/bestjet-collapse-deal-that-could-have-saved-airfare-company-australia-news