Shellharbour City Council has confirmed that it is owed $149,299 in outstanding passenger fees by embattled Illawarra flight operator JetGo.
During the period of administration the company has suspended regular public transport services, including flights from Illawarra Regional Airport.
“Council can confirm that JetGo owes $149,299 in outstanding passenger fees, which was expected income for Shellharbour council,” a council statement released on Friday said.
“It also owes $269,104 being the cost of mandatory security provided by council using contractors.
“Council is actively participating in the administration process and will pursue all options with the aim of securing the best financial outcome for the community.”
Two meetings of creditors are held as part of the administration process.
The first meeting takes place within eight days of the company entering voluntary administration, where creditors decide if they want to be part of a Committee of Inspection.
This meeting is scheduled for Wednesday, June 13 at JetGo head office in Brisbane.
According to council, their general manager, as well as other senior staff will be attending that meeting by teleconference from the offices of council’s solicitors.
“After the value of JetGo’s assets have been established by a Committee of Inspection, the second meeting is expected to be held within three weeks,” council said.
“It will be council’s aim to be a part of the Committee of Inspection.”
This second meeting is where creditors vote on the future of the company; i.e. whether the company enters a deed of company arrangement, goes into liquidation, or otherwise ends the voluntary administration.
Council’s statement also noted that council has not yet chosen a provider for any future regular passenger transport services at Illawarra Regional Airport.
“Council has been approached by several interested operators and is actively exploring all options.”