Ticket holders may not get refunds
(NEWSER) - An Australian airline has gone bankrupt—leaving some 4,000 passengers stranded in spots like Indonesia and Hawaii. "It currently appears that there are no funds available to meet operational expenses so flights will be suspended immediately," Air Australia and its new administrators said today, according to CNN . "It also appears highly unlikely there will be any flights in the short to medium term," so passengers should seek other transportation, the company noted. More»