Qantas And Virgin Australian Circle Drowning Air Vanuatu

With debts of more than AU$110 million ($73m) and its only jet repossessed, it looks like the only way Air Vanuatu can survive is if the Vanuatu government finds the cash to bail it out, but that’s looking increasingly unlikely. It also begs the question of why the country needs a national airline and, more tellingly, if it can afford one, no matter how much national pride is at stake.

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