Current assets, including cash on hand and inventory, have not been factored into the calculations as Air Vanuatu’s available financial information is “significantly out of date,” according to the liquidators.
The government will pour $302.6 million over five years, as well as $53.5 million per year ongoing, into Western Sydney Airport, plus $102 million into upgrading regional airports and remote airstrips and $7.5 million into aviation safety measures.
The Federal Government has unveiled the 2024-25 Budget which includes investments in infrastructure, strategic transport and net zero efforts, with […]
Col. Brian T. Mulvihill, the commanding officer of Marine Rotational Force – Darwin (MRF-D) 24.3, said he backed the tilt-rotor aircraft, which was grounded for three months after being involved in two fatal incidents last year.
On average, Bonza’s 186-seat 737 MAX 8s were seeing more than 130 customers per flight at its Sunshine Coast, Melbourne (Tullamarine) and Gold Coast bases since commencing services in January last year, a source with knowledge of the situation told Aus…
Flights will not resume before 29 May, administrator Hall Chadwick said, and staff will remain stood down until that time as talks continue with “interested parties” who could potentially save the embattled airline. Expressions of interest are open unt…
