close
MENU
0 mins to read

Fly Direct air venture crash lands before taking off

Fly Direct, a company that heavily marketed direct flights to Wanaka from Christchurch and Wellington for the ski season, has collapsed before it got off the ground.Companies Office records show the company has been placed in liquidation.Damien Grant, of

NZPA
Wed, 02 Jun 2010

Fly Direct, a company that heavily marketed direct flights to Wanaka from Christchurch and Wellington for the ski season, has collapsed before it got off the ground.

Companies Office records show the company has been placed in liquidation.

Damien Grant, of Waterstone Insolvency, is handling the liquidation. A message on the company's website also advises of the liquidation.

Jeffrey James Kay of Ponsonby is listed as the company's sole director and shareholder.

Around 500 people who signed up for packages offered by the company are understood to have been left out of pocket.

Mr Grant was quoted as saying it was too early to say how passenger pre-payments would be handled in terms of the liquidation.

NZPA
Wed, 02 Jun 2010
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Fly Direct air venture crash lands before taking off
5632
false