Hundreds of employees of embattled budget airline Bonza have had their employment terminated at a town hall meeting.
Bonza still remains in voluntary administration, meaning employees are not yet entitled to federal government entitlements for unpaid wages.
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The undoing of Bonza: Can Bazza, Sheila and Bruce be rescued?Bonza has farewelled the first of its five seized aircraft as it sets off for less financially stricken pastures. Now, the company’s administrators turn to facing its 60,000 creditors and $100 million in unpaid debts.
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The undoing of Bonza: Can Bazza, Sheila and Bruce be rescued?Bonza has farewelled the first of its five seized aircraft as it sets off for less financially stricken pastures. Now, the company’s administrators turn to facing its 60,000 creditors and $100 million in unpaid debts.
Read more »
The undoing of Bonza: Can Bazza, Sheila and Bruce be rescued?Bonza has farewelled the first of its five seized aircraft as it sets off for less financially stricken pastures. Now, the company’s administrators turn to facing its 60,000 creditors and $100 million in unpaid debts.
Read more »
Bonza administrators ask for more time to save stranded budget carrierThe airline’s owner, 777 Partners, and its financiers are mired in legal action in Britain and the United States over its aviation assets.
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Two-month window for sale of grounded airline BonzaAdministrators will have until July 29 to find a buyer for the failed carrier.
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