Townsville based MacAir Airlines has been grounded by Suncorp Metway Ltd when it pulled the financial plug on the Company. Competition from Qantas on the Townsville to Mt Isa run has accelerated it's demise. Mining fly-in and fly-out business would have been reduced due to the falling commodity prices and mining companies shedding contractors and staff. It will be interesting to see if the Queensland Government steps in to assist MacAir. Travellers have been stranded. I don't know whether Qantas will offer to move these passengers. MacAir Airlines is a another local casualty of the World Recession.
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