NSW: Hazelton to continue operating - creditors =2
Administrator ANDREW HUMPHRIS says the decision to extend the deed of company arrangementgives administrators the chance to continue talks over a potential buyer for the airline.
Australia Wide Airlines Limited and Inland Marketing Corporation are the two majorbidders vying for the regional carrier.
Mr HUMPHRIS says the aviation industry is still going through tough times, but administratorsare confident of bedding down a deal.
AAP RTV nd/nf/jmt/rp #
KEYWORD: HAZELTON 2 SYDNEY
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