Air Vanuatu has been placed into voluntary liquidation after mass flight cancellations and reports of troubles at the carrier arose on Thursday.
Air Vanuatu has appointed Earnst and Young as the airline's voluntary liquidators after the carrier cancelled flights to and from Australia, New Zealand and New Caledonia on Thursday, leaving many travellers stranded.
The appointment follows a challenging period for the airline, with labour shortages and a series of cyclones plaguing both Air Vanuatu and the nation’s tourism industry. “The Liquidators intend to resume normal trading as soon as possible, while considering all opportunities to place the carrier on a stronger footing,” EY said.
Affected travellers will be informed of this disruption and rebooked on flights as soon as operations resume and the first meeting of creditors will be scheduled shortly, the firm said.
Airline Voluntary Liquidation Air Vanuatu Australia's National Air Carrier
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