Bankrupt airline’s Vietnam agent to meet creditors

The Macau Supreme Court has ordered Global Distribution System Co Ltd, Viva Macau Airlines’ general sales agent in Vietnam, to attend a two-day meeting with the bankrupt carrier’s creditors next month.

The Macau Supreme Court has ordered Global Distribution System Co Ltd, Viva Macau Airlines’ general sales agent in Vietnam, to attend a two-day meeting with the bankrupt carrier’s creditors next month.

But GDS, a subsidiary of TransViet Co, said the carrier may be unable to pay the $130,000 it owes travel firms, ticket agents, and passengers since it does not have enough assets to cover the amount, Nguyen Hai, chairman of TransViet Co, warned.

GDS has compiled a list of creditors and submitted to the Consumer Council and the Court of First Instance in Macau.

The budget airline’s services to Hanoi and Ho Chi Minh City were suspended March 27 when the Macau government withdrew its license for its failure to pay fuel bills of nearly 200 million patacas (US$25 million).

The Macau Consumer Council said 2,039 passengers had filed complaints as of May 18, seeking $783,000.

Of them 714 are from Macau, with the rest being from mainland China, Hong Kong, Singapore, Vietnam, Indonesia, South Korea, Japan, the Philippines, Australia, France, Germany, and the US.

Viva Macau began flying to HCMC three years ago and to Hanoi in February 2009. – Tuoitre

Tags: Viva Macau Airlines