Air Vanuatu restructuring?

The Government of Vanuatu still has a web site up for the proposed restructuring of Air Vanuatu. Expressions of Interest were due by 7 March 2008. I have not seen any progress reports.

The same consultants, International Finance Corporation (a member of the World Bank Group), advised the Government of Samoa on the future of Polynesian Airlines which lead to its downsizing and the creation of Polynesian Blue in 2005.