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The Latest Breaking News from Bonza

Bonza reaches end of tarmac as budget carrier wound up

Creditors have voted to liquidate embattled airline Bonza with more than $110 million believed to be owed to creditors, workers, landlords and the tax office.

AAP

Afternoon Update: Coalition won’t reveal emissions target; closing arguments in Greg Lynn trial; and Queensland’s pre-election budget

Peter Dutton says the Coalition will not set a 2030 emissions reduction target unless it wins the next election

The Guardian - AU

Entitlements up in the air as Bonza workers jettisoned

More than 300 Bonza workers have been sacked after administrators failed to find a buyer to bail out the grounded airline.

AAP

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Bonza administrators say ‘no option’ but to sack all staff after failed search for buyer

Budget airline’s employees voiced frustrations over handling of administration process, sources say

The Guardian - AU

Two-month window for sale of grounded airline Bonza

Out-of-pocket staff and other creditors of cash-strapped budget carrier Bonza will be better off if the company is sold rather than wound up, a court has heard.

AAP

Go west: growing calls for direct flights from Newcastle to Perth

Newcastle could support three flights to Perth a week.

Newcastle Herald

Roll out the barrel: regional NSW gets business boost

Rural and remote airstrips will be upgraded and country towns will get money for child care under state funding aimed at kick-starting regional businesses.

AAP

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Staff to remain stood down at troubled airline

More than 300 Bonza workers will wait two more weeks to know if they will keep their jobs as talks with prospective buyers for the embattled airline continue.

AAP

Queensland government hoses down suggestions it is considering bailout for Bonza

Administrators tell creditors meeting they are ‘moving heaven and earth’ to secure a future for grounded airline

The Guardian - AU

Bonza buyer interest claim despite sky-high $110m debt

Bonza's first creditors' meeting has painted a dire financial picture, including debts of more than $110 million for the troubled budget carrier.

AAP

Air Vanuatu liquidation prompts Virgin flight boost

The national airline of Vanuatu has been placed into liquidation after cancelling all flights to and from Sydney and Brisbane.

AAP

Air Vanuatu cancels Australian flights amid cash woes

The national airline of Vanuatu has cancelled all its flights to and from Sydney and Brisbane for the rest of the week amid reports of financial difficulties.

AAP

Bonza's planes fly off as customers, workers in lurch

Embattled budget carrier Bonza remains in limbo as its newly appointed administrators finalise plans for a creditors' meeting.

AAP

Bonza administrators worry that 20,000 out-of-pocket airline customers could attend creditors meeting

‘That would require a stadium,’ federal court hears as airline administrators try to organise online meeting for Friday that would allow everyone to vote

The Guardian - AU

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AAP

Bonza cancels more flights as fleet poised to soar away

A creditors' meeting for cash-strapped airline Bonza is due to be held within days after its administrators applied to a court.

Newcastle Herald

Bonza has 57,000 customer creditors, aircraft still grounded

The Federal Court has heard most creditors have forward bookings.

AAP

No bailout for Bonza as more than 300 staff stood down

Passengers and more than 300 staff are in limbo after administrators grounded Bonza's planes, with the government rejecting a bailout for the penniless airline.

The Guardian - AU

Bonza urged to pay April wages; data breach exposes family violence, sexual assault data – as it happened

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AAP

Bonza passengers in limbo as planes grounded for longer

Bonza's fleet will be idle or a few more days as administrators hold talks with stakeholders and determine the airline's future.

The Guardian - AU

Morning Mail: university bosses’ pay soars, Harvey Weinstein to be retried, US campus mass arrests

Six out of eight Victoria vice chancellors earn more than $1m despite deficits; disgraced movie mogul to be tried again for rape after conviction thrown out

The Guardian - AU

Bonza administrators in global talks on grounded budget carrier that helped ‘push down air fares’

Transport minister Catherine King says it is unlikely the airline will be saved, while insiders think repossessed planes will be returned to the US

The Guardian - AU

Bonza is the latest victim of Australian neoliberalism. It’s hard to see a new airline arriving any time soon

The mess created by decades of economic mistakes will be hard to unscramble. But the airline industry is a good place to start

Newcastle Herald

Bonza customers out of pocket and out of patience over holiday chaos

Administrators are working out whether Bonza can survive.

The Guardian - AU

Grounded: Bonza poised to join long list of failed Australian airlines

An aviation industry dominated by the Qantas-Virgin duopoly may have claimed another victim – but it’s far from the first to fall

The Guardian - AU

Blow to would-be Everton owners 777 Partners as airline enters administration

Company owned by 777 Partners, who hope to take over Everton, enters administration in Australia

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