Viva Macau finds itself in hot soup

Low-cost carrier Viva Macau's AOC has been cancelled due to its failure to pay its dues. The airline had to get financial aid from the government earlier this year, but that does not appear to have been enough for it.

The Macau tourism market, as a whole, has had a bad patch since the economic downturn began two years ago. That has had an impact on the airlines, Viva Macau and Air Macau (which had to be bailed out by shareholder Air China).

We spoke to CEO Reg MacDonald earlier this year (see video below) and he appeared to be optimistic at that time. It appears as though the carrier could restart operations if it gets its house in order - let's see how this unfolds.