The budget airline, backed by Miami’s 777 Partners, is cutting some routes to the tourism hub, where one of its Boeing 737 MAX-8 planes remains grounded.
from the Gold Coast, and an aircraft that was meant to be based at the Queensland airport remains grounded.
The Boeing 737-MAX aircraft, named Bruce, which was meant to be based at the Gold Coast, has been grounded since March, when it was redirected fromA Bonza spokeswoman said the plane required re-certification from the Civil Aviation Authority after being transferred from Flair, a process she said had taken longer than expected. The aircraft currently remains registered as flying for Flair.Bonza had been wet-leasing an aircraft from Nauru Airlines, which abruptly cancelled flights this week.
Financiers to 777 and Bonza have called in corporate restructuring house KordaMentha to assess the airline’s operations. A Bonza spokeswoman confirmed that the airline’s fleet of 737-MAX 8 planes had been transferred to a new company, Phoenix Aviation Capital, which is wholly owned by A-Cap. Leasing rates for narrow-body aircraft have rocketed since 777 acquired the planes during the depths of the COVID-19 pandemic. The Bonza spokeswoman said 777 would continue to back the airline financially and that its long-term lease agreements remained in place.
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