Yes I can confirm the company is going to be liquidated. I have just received an email from my housemate in Tonga and he passed on the news. Some creditors are going to be left awfully short changed out of this little fiasco as there really isn't much to liquidate, one dhc-6 with no control cables, an engine almost out of time and a sd-360 with only one engine that actually belongs to them. Not much in the way of property either. Opens up a good opportunity for a good operator to come in and clean up.
RFG,
yes RTA do operate under NZ CAA regs but this was a board decision. The chairman is the PM and a prince of Tonga.