Tasair in liquidation.

[drron]

Just announced Tasair has gone belly up.All flights suspended.ticket holders are unsecured creditors-
Airline hits financial turbulence - Yahoo!7 Finance Australia

Tasmanian airline TasAir Pty Ltd has gone into voluntary liquidation.Some passengers were stranded on King Island after TasAir grounded its planes.
The regional airline has 23 full time and casual workers.
A meeting of creditors has been scheduled for February 14.

I was looking at later doing a DPO-KNS trip.

 

[Simo]

This just highlights how hard the aviation industry is and to stay profitable.

Many regional airlines must be doing it really tough in the current market.

In Qld we lost Macair last year or the year before.