As this interesting process has proceeded, CASA has so far allowed an insolvent company to keep their AOC.
CASA, did you know, and the ASIC will be very interested to know that the required notification period to creditors has not been honoured.
One envelope with said notification was stamped by Australia Post just 2 days before the creditors meeting, in one case this company did not recieve their notification until 3 hours "after" the Creditors meeting.
Where these Creditors given a fair chance to represent their respective interests in this company ?, i think not.
Now one company ( the one that own the AOC) is coming out of Administration, i.e. handed back to the Director, having liquidated Gulf Line Aviation, and re-registering the company name under another ABN, to what end, dumping a load of creditors.
Be warned !!!.