The plot thickens!
Its highly probable, given a successful application by Dubbo Council to wind up Jetgo, that the assets could vest to a liquidator (notwithstanding the PPSR). The financiers may be on the inside in an attempt to get the show back on track, but given they may not be aviation experts, its just as likely its now all about asset protection and loss minimisation.
I do hope they insist on some changes in management and make a go of it. Good machines, great opportunities and a significant competitive advantage. Who in their right mind thinks just 4-5 airframes spread thinly across three states from virtually the top to the bottom of Australia is a smart plan for a successful airline.