Liquidators announced that Expressions of Interest for Air Vanuatu (Operations) Limited (In Liquidation) have been received. A range of parties have expressed interest in assuming the business interests of the airline, according to liquidators. These offers would now be assessed as part of a structured sale or recapitalisation process to ensure the best outcome for creditors.
“We have received interest from a range of parties seeking to resume Air Vanuatu’s operations,” said Morgan Kelly, Partner in Strategy & Transactions at EY….
