Viva Macau appears to have been resigned to bankruptcy, with the company posting a notice on its website that it is “seeking legal advice for an orderly and responsible winding down of the business.”
The airline’s AOC was revoked by the Macau Civil Aviation Authority on March 28 after it failed to reach an agreement with its fuel supplier at its home port. The airline had not operated any flights since March 26.
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According to some reports, Viva Macau was hoping to regain its AOC and restart flying on April 2, but AWAS, which owns the three Boeing 767s leased by Viva Macau, has already applied to deregister the aircraft, effectively leaving the airline with no possibility of trading out of its financial hardship.