Clive Palmer's private plane to be sold
Clive Palmer stands waiting on his Bombardier Global Express Aircraft in Melbourne, after Air BP refused to refuel the private plane during the 2013 election campaign (Image: AAP)
The multi million-dollar jet that helped Clive Palmer's political party take off will be sold after creditors resolved to place his aviation company into liquidation.
The Bombardier Global Express Aircraft - used extensively during the businessman's election campaign - is the sole asset of Palmer Aviation, which went into administration last month.
Creditors met for a second time on Tuesday and voted to place the company into liquidation.
Afterwards, liquidators FTI Consulting confirmed the aircraft would be put up for sale.
"That process will commence in March," FTI Consulting said in a statement.
Minutes from the first creditors' meeting revealed GE Commercial held security over the company and was owed nearly $26 million with respect to the plane, while other creditors were owed about $120,000.
Palmer Aviation is owned by QNI Resources, one of the parent companies of Queensland Nickel.
Both Palmer Aviation and Queensland Nickel went into administration on January 18.
FTI Consulting is still trying to determine whether Queensland Nickel's north Queensland refinery and hundreds of jobs can be saved.
Claims by creditors, including employees, against Queensland Nickel have reached $428 million but could swell further.
A second creditors' meeting is due to be held before April 15.
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