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Thursday, December 13, 2007

Australia’s O'Connor Air to Close

O'Connor Airlines will fold tomorrow night and the business broken up after administrators failed to secure a buyer for the company. According to Sam Davies, from advisory firm McGrathNicol, “Ongoing trading losses, declining customer support, flight crew shortages and significant aircraft maintenance issues also contributed to the decision to immediately cease operations. The airline operated for 34 years in Australia and has 35 employees in maintenance, head office and flight operations.

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