Australian regional carrier, Macair has been placed into voluntary administration.
Operations ended on January 29, and a message on the airline's website says the company is unable to 'action any requests' or 'provide more information beyond this.'
Reports say that the company has since been put in the hands of receiver and manager Justin Walsh from Ernst & Young.
The Townsville, Queensland-based airline, which operates a fleet of Saab 340s, Fairchild Metros and a single ATR-42 operated 125 flights a week to 31 centres, and was the state's largest regional carrier.
In 2008, MacAir secured a five-year Queensland Transport contract to operate subsidised air services to communities across the unprofitable northern, western and gulf regions.
MacAir asked the government for a AUS$7 million one-off ex-gratia payment, not linked to performance, which was refused.
The DoD has changed its structures and is been increasing efforts to facilitate access to loans by companies interested in working with artificial intelligence, advanced materials and semiconductors, biotechnology and quantum science.
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
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