Air Vanuatu have reportedly entered into voluntary administration.
After initially on the 8th May announcing cancellations to their services citing "extended maintenance requirements" on their aircraft, reports are now filtering through that Air Vanuatu has appointed Ernst & Young as administrators.
Vanuatu Daily Post reports suggest they had been informed yesterday afternoon by Alain Lew, Chairman of the Air Vanuatu Board, that the Air Vanuatu Board no longer exists since the appointment of an Administrator.
Mr. Lew, who chaired the new Air Vanuatu board appointed after Prime Minister Charlot Salwal formed the current government, said an administrator was appointed on May 6.