Sunday, 13 December 2009

Bankstown. Two flight centres collapse

More than 100 international students enrolled in Bankstown Airport-based Sydney Flight Centre and Aerospace Aviation have lost $3 million after the collapse of the flight-training schools. Sydney Flight Centre’s parent company, Corporate Aviation Services, was placed in administration on November 25, owing creditors more than $7 million. The flying school and charter company, Aerospace Aviation, collapsed on November 30, owing $3.5 million. The federal education department is investigating the conduct of both companies prior to them entering administration, according to The Daily Telegraph.

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