STA Travel NZ in voluntary administration

STA Travel NZ in voluntary administration
Rebecca Stevenson
The New Zealand arm of STA Travel has gone into voluntary administration, days after Swiss parent company STA Travel Holding AG appointed administrators.The business had 60 staff and 11 locations in NZ. Its website was down on Tuesday afternoon."Given the failure of STA Travel Group’s Swiss parent, the directors determined that the companies were insolvent or were likely to become insolvent and appointed David Webb and Colin Owens of Deloitte as voluntary administrators (Administrators) on Monday, 24 August 2020 to tak...

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