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Thursday, February 16, 2012

Air Australia Forced to Ground All Flights Due to Bankruptcy

Air Australia had been running flights to Honolulu from Brisbane, Australia and Melbourne, Australia twice a week starting from the end of 2011.  However, due to financial problems that the company is facing, all flights have been canceled, leaving several hundred tourists stranded in Hawaii.  According to Air Australia, all flights had been canceled and the airline would not be accepting new bookings because it could no longer pay its bills.  The airline stated, “It currently appears that there are no funds available to meet operational expenses so flights will be suspended immediately.”
Air Australia has hired a ground operator in Hawaii to help with the stranded passengers.  Hawaiian Airlines has also offered a $300 one-way fare to Sydney, Australia to those passengers who are able to show their canceled Air Australia ticket or itinerary.  Quantas Airways, the largest airline in Australia, has also stated that they may dispatch aircraft to Honolulu to help stranded passengers.
Source: Honolulu Star Advertiser, 2-16-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor
Global Executive Realty, LLC
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