Bonza’s fleet of aircraft will be grounded until Friday at the earliest, according to the firm appointed to try to rescue the stricken airline. But Federal Transport Minister Catherine King has forecasted a bleak future for the carrier, conceding Bonza is “unlikely” to get back off the ground.
Budget carrier Bonza enters voluntary administration. Staff were told to go home and travellers were left in limbo, stranded in airports across Australia after the Sunshine Coast-based operation cancelled flights and was put into voluntary administration on Tuesday. Chartered accounting outfit Hall Chadwick said its appointment as voluntary administrator will allow “an independent insolvency practitioner to take control of the company during which creditors’ claims are put on hold”.
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Source: 7NewsSydney - 🏆 16. / 63 Read more »