The financial results came as Perth Airport exceeded its pre-pandemic capacity for the 2023–24 financial year and resolved a long-standing dispute with Qantas over the airline’s move to the Airport Central precinct.
The upgrades, expected to begin early this year, will allow the airport to handle larger aircraft such as QantasLink Dash 8 Q400s. Burnie is currently served by QantasLink, Rex, and Sharp Airlines flights.
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have not been factored into the calculations as Air Vanuatu’s available financial information is “significantly out of date,” according to the liquidators.