China Southern Airlines WA pilot college in liquidation as 62 local staff sacked – ABC News

A training college for China Southern Airlines pilots operating from Perth’s Jandakot Airport has gone into voluntary liquidation, with more than 60 local staff losing their jobs. Key points: The training college for China Southern Airlines had employed 62 local staff A liquidator hopes to sell the college’s 37 planes and Merredin Airport The Wheatbelt…

Virgin Rescued & Qantas International Grounded – Australian Aviation In 2020 – Simple Flying

Advertisement: Two of Australias big aviation stories in 2020 were the collapse of Virgin Australia and the grounding of Qantas international fleet. Both happened earlier in the year. One of the stories has played out. But the other still has some while to go. Virgin Australian collapsed and Qantas grounded its international fleet in 2020.…

Greek Australian-owned construction group under pressure after entering administration – Greek Herald

High-profile construction group, Ganellen, placed one of its companies into administration last week, midway through a court battle over defects and only days after it was fined over the worksite death of a young apprentice. The Ganellen construction group was founded in 1998 by building magnate-turned-television star Peter Maneas. One of its entities traded for…

Insolvency firm launches new Asia desk – AccountantsDaily

A national insolvency firm has announced the launch of its dedicated Asia desk, designed to provide Australian-Asian businesses with specialised advice and expertise. Jirsch Sutherland has launched the Asia Desk, which comprises a multinational team of high-calibre insolvency, restructure and recovery specialists who have a strong knowledge of both local and Asian business cultures, practices…

Builder’s collapse leaves apartment owners fearing alleged $30m defects bill – Sydney Morning Herald

Administrators documents name it as a related entity to Icon Co (NSW) Pty Ltd, the company that built Sydneys cracked Opal Tower. At a recent creditors meeting it was revealed that the former of the companies is being chased over alleged defects in apartments it built at Rosebery, Waterloo, Hurstville, Bondi, Lane Cove, Greenwich and…