It's reported that the liquidators for Royal Tongan Airlines have found the company's only remaining assets are a hangar and two planes.
Radio Tonga reports the accountancy firm PricewaterhouseCoopers as saying the two aircraft ought to be repaired and sold.
The future of the hangar at Fua'amotu airport is not clear.
An Auckland-based spokesman for PricewaterhouseCoopers says creditors'll now be able to lodge claims against the airline.
Richard Agnew says he can't disclose how much the airline owes Royal Brunei Airlines for the lease of its Boeing 757 jet which flew international routes.