Air Vanuatu in Financial Trouble as Receivers Called In

Passengers were stranded as the liquidation took immediate effect, but EY says it is optimistic the airline can return to profitability.

An aerial view of Erakor island and the coastline of Port Vila, Vanuatu on Dec. 7, 2019. Mario Tama/Getty Images

The Vanuatu government has placed its flagship air carrier into liquidation in response to a “challenging period.”

Flights will stop immediately, with many antipodean passengers left stranded away from home.