Royal Queensland Aero Club (RQAC), which lays claim to being the oldest aero club in the Southern Hemisphere, has gone into voluntary administration.
Chairman of the Board Cliff Hefner sent out an all-members notification dated Thursday 24 March, announcing that the club and all entities would cease trading immediately.
“I regret to advise that the Boards of Royal Queensland Aero Club Limited, Airline Academy of Australia Pty Ltd and ATAE Pty Ltd resolved earlier today to appoint a Voluntary Administrator to all entities within the Royal Queensland Aero Club structure,” the note said.
“A…
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