Today: May 20, 2024
Today: May 20, 2024

Air Vanuatu cancels flights and considers bankruptcy protection

Share This
LA Post: Air Vanuatu cancels flights and considers bankruptcy protection
May 09, 2024
AP

MELBOURNE, Australia (AP) — Air Vanuatu announced Thursday the airline had cancelled international flights for four days and was considering bankruptcy protection for the South Pacific state-owned carrier.

It said international flights were cancelled until Sunday and flights after that day were “under review.”

“The Vanuatu government is now considering placing Air Vanuatu into voluntary administration,” a statement said, referring to a local equivalent of a U.S. Chapter 11 bankruptcy.

“The international firm Ernst & Young has been appointed to assist the Vanuatu government in reviewing available options and put forward recommendations,” the statement added.

Thousands of travelers have been left stranded by the cancellations.

Popular

Jim Otto, 'Mr. Raider' and Pro Football Hall of Famer, dies at 86

Jim Otto, the Hall of Fame center known as Mr. Raider for his durability through a litany of injuries, has died

Jim Otto, 'Mr. Raider' and Pro Football Hall of Famer, dies at 86

US pediatricians group reverses decades-old ban on breastfeeding for those with HIV

A top U.S. pediatricians’ group is making a sharp policy change about breastfeeding by people with HIV

US pediatricians group reverses decades-old ban on breastfeeding for those with HIV

Bryson DeChambeau puts on a show but somehow comes up short at PGA Championship

Bryson DeChambeau put on the kind of show, and got the sort of breaks, that make players larger than life and sometimes win them major championships

Bryson DeChambeau puts on a show but somehow comes up short at PGA Championship

Scottie Scheffler caps a 'hectic' weekend by rallying to a strong finish at the PGA Championship

Scottie Scheffler finished off what he called a “hectic” week at the PGA Championship by surging to an eighth-place finish

Scottie Scheffler caps a 'hectic' weekend by rallying to a strong finish at the PGA Championship

Related

US stock settlement switch faces early resilience test

US stock settlement switch faces early resilience test

Indonesia minister says Musk to consider offer to build EV battery plant in country

Indonesia minister says Musk to consider offer to build EV battery plant in country

China's exports to North Korea swing to growth in April

China's exports to North Korea swing to growth in April

Metals zoom as investors wait on rates

Metals zoom as investors wait on rates
- Advertisement -
Advertisement: Limited Time Offer