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Air Vanuatu-LogoIn a move that has sent shockwaves through the Pacific aviation industry, the Vanuatu Government is considering placing Air Vanuatu, the nation’s flagship airline, into voluntary administration. Ernst & Young, a globally recognized accounting firm, has been tasked with evaluating the airline’s financial stability and providing recommendations on the best course of action for Air Vanuatu’s future.

The government enlisted Ernst & Young to conduct a thorough review of the airline’s financial status, and representatives from the firm have already touched down in Port Vila to begin their assessment. Collaborating closely with government officials and Air Vanuatu’s internal team, Ernst & Young will deliver its findings to guide the government in determining the airline’s next steps.

Due to the impending review, Air Vanuatu has announced cancelling all international flights between Thursday, May 9, 2024, and Sunday, May 12, 2024. Flights scheduled beyond this period are still under assessment, leaving travellers in a state of uncertainty. Passengers seeking the latest flight information can stay informed via the Vanuatu Travel Advisory page on Air Vanuatu’s website, where updated schedules and developments will be posted: Flight Schedule Changes.

While the evaluation continues, Air Vanuatu is committed to providing regular updates until the outcome is determined. For passengers and travel industry stakeholders, the airline has assured that clear communication will be maintained throughout the process.

This drastic step is part of a broader effort by the Vanuatu Government to stabilize the airline’s operations. Placing Air Vanuatu under voluntary administration aims to ensure a transparent, professional review that will ultimately support the airline’s future stability and protect the nation’s air travel interests.

 

 

 

Written by: Bridget Gomez

 

 

 

 

 

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