Customers may not be refunded by airline

JETMAGIC was entitled to take flight bookings right up to the moment it realised its financial position was unrecoverable, the Commission for Aviation Regulation said last night.

Many customers were furious that they had been allowed book flights when the company was aware of its precarious situation.

Rumours had been circulating within the airline industry for the last two weeks that the company was in danger of imminent collapse, one source said.