A new note to creditors authored by KPMG also says the flight school’s directors maintained they “sought and obtained funding” required to run the company back in January 2020.
The Royal Flying Doctor Service has announced it will acquire four new Beechcraft King Air 360CHW turboprop aircraft.
Nearly quarters of aviation workers would not be able to support their family if JobKeeper is scrapped in March, according to the ASU.
Chief of aviation Shane O’Hare was responsible for driving growth but will depart in March to “pursue his own business interests”.
KPMG has told Soar Aviation’s creditors it believes the flight school was insolvent a year before it went into voluntary administration.
Rex has signed a new expanded contract with aviation IT company Sabre Technology ahead of its launch of capital city flights on 1 March.