Ozjet- Hear They Are Insolvent
There has been a lot said about Heavy Lift's purchase of OZJet and that all of OZjet's problems of not being able to pay it's creditors will disappear.
Rumour has it on the rock (NI) that OZJet owes heaps of money to a number of creditors on the island.
I guess that is only to be expected when Leach is involved and he keeps the same management that lost all the money in OZjet in the 1st place.
Of course how can they make money flying antiquated airplanes. The fuel bill alone is enough to bankrupt a small state.