CONSUMERS and operators were the biggest losers in the sale of Wicked Travel assets to Greyhound Australia last month, as announced at the creditors meeting on May 10.
Director of Business Recovery at William Buck, Laurie Fitzgerald, said the meeting was predominately attended by the former company’s operators, however they have been in contact with a large number of customers since the sale on April 29.
“Trade creditors and operators are owed about a million, there is also money owed to the tax office, and the people who hold vouchers. I would of thought in terms of vouchers and ticket holders it’s probably around $100 000,” Mr Fitzgerald said.
“The outcome of the meeting is Wicked Travel is in liquidation and we…
Read the full article at: https://www.northernstar.com.au/news/who-is-responsible-for-wicked-travels-debt/3178679/