Corporate Restructuring Service Market 2024-2032 : Segmented by Type, Application, End User, and Region – Competitive Index and Regional Footprints by Infinity Business Insights A new study report has been launched by Infinity Business Insight, focusing on Corporate Restructuring Service market intelligence until 2032. Visually appealing tables and graphs, which are easy to see, complement this…
In short: Administrators for Bonza Aviation say they are “not in a position to process or issue refunds at this time”. They say the company’s aircraft have been grounded until Thursday. What’s next? The government says Qantas, Jetstar, and Virgin said they would bring stranded passengers home. Bonza’s aircraft fleet is grounded until at least…
May 1, 2024 5.49pm Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? Bonzas administrator Hall Chadwick said neither it nor the company is in a position to provide refunds to Bonza passengers, after the airline entered voluntary administration on Tuesday. Bonzas…
Once known for his unassailable status in the New York Mafia, 86-year-old Anthony Rom Romanello, finds himself stepping into prison bars this week. The reputed capo has been sentenced to two years incarceration for pressuring a Manhattan restaurant owner over an outstanding gambling debt. Unapologetically, his lawyer notes Romanello has no regrets about physically lashing…
Transport Workers’ Union (TWU) national assistant secretary Emily McMillan labelled the move to not pay workers “disgraceful.” “The shock of Bonza falling into administration has barely subsided and workers are being forced to enter Centrelink queues,” she said. Bonza received default notices two weeks before it cancelled all flights without notice and went into voluntary…
By Freddy Pawle For Daily Mail Australia Published: 12:23 AEST, 1 May 2024 | Updated: 00:08 AEST, 4 May 2024 A warning has been issued to customers of budget airline Bonza after it was placed into voluntary administration. Travellers were left stranded in airports across Austral… Read the full article at: https://www.dailymail.co.uk/news/article-13369043/Bonza-refund-Expert-makes-grim-admission-Aussies-hoping-money-budget-airline-went-voluntary-administration-cancelled-flights.html
Airlines for Australia and New Zealand Chair Graeme Samuel has outlined a potential process for Bonza to re-enter the market after it entered voluntary administration. On Tuesday, Bonza submitted paperwork to the Australian Securities & Investments Commission (ASIC) to appoint administrators to salvage the wreckage of its struggling business. Speaking to Business Now host Ross…
Australia has not been immune to the economic impacts of global financial and geopolitical events. The recent global economic downturn has brought about a heightened focus on financial stability and risk management in Australian businesses. Sponsors and financiers alike are now navigating a complex economic terrain marked by: volatile markets; supply chain disruptions; asset re-valuations;…
Volocopter CEO Dirk Hoke recently told German media that the eVTOL developer may need to look at insolvency options, after the company failed to secure loans from the Baden-Wrttemberg and Bavarian states to support its electric aircraft development. Volocopter has been transparent that the fundraising market has been difficult in the past few years, Hoke…
The U.K.s second-largest city declared bankruptcy last year. The city council of Birmingham, located in the countrys midlands, was slammed with a ginormous equal-pay claim worth up to 760 million ($955 million), following which it said the council had insufficient resources to make those payments. As a result, the council was forced to make drastic…