Regional airline Rex has a US buyer, the announcement on Tuesday night coming more than a year after the airline that operates numerous services in Queensland entered voluntary administration. Air T — a Nasdaq-listed US aviation business that runs cargo services, an aircraft trading business and sells parts – has entered a sale and implementation…
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REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
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“The administrators would like to thank the Australian government for their support to date in assisting to facilitate the proposed transaction,” E&Y said. Loading “Reliable air connectivity is fundamental to the social and economic wellbeing of regional Australia,” said Australian Airports Association CEO Simon Westaway. Maintenance, repair, and overhaul is a globalised business with planes…
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Melbourne-based sustainable packaging company Great Wrap has entered voluntary administration with debts of about $39 million, following years of financial losses and shifting market conditions. Founded in 2019 by husband-and-wife team Jordy and Julia Kay, Great Wrap developed compostable cling wrap, catering wrap and pallet wrap made from food waste and plant-based polymers. It was…
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REVEALED: Latest business liquidations in Nillumbik Herald Sun Read the original article here
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