In a statement, Vanuatu’s flag carrier said the country’s government is considering putting the airline into voluntary administration, with Ernst & Young called in to offer advice. Air Vanuatu codeshares with Qantas on services between the island nation and Sydney, Melbourne and Brisbane.
On its first “Bonzaversary”, the low-cost carrier claimed it had saved passengers more than $125 million in its first year, based on the difference between its own average airfares and those of other airlines on routes where they compete.
The latest service comes shortly after it announced another fifth freedom route.
The Australian has reported that Colin Carter, former strategy chief for Boston Consulting Group, has been asked by the board to help determine whether Joyce is eligible for performance-dependent long-term bonuses of around $14 million and short-term b…