Budget airline Bonza has collapsed into voluntary administration, with its leased planes repossessed and all schedule flights cancelled.
Travellers were left stranded in airports across Australia on Tuesday morning as the carrier paused all its flights to hold urgent talks on the airline’s viability.
Accountants and business advisors Hall Chadwick are understood to have since been appointed as administrators.
Bonza CEO Tim Jordan said in a statement earlier on Tuesday that he apologised to affected customers and insisted that the suspension of its services was temporary.
Australia’s newest airline Bonza has collapsed into administration with the carrier plane’s reportedly reclaimed by the leasing company
Bonza’s Chief executive Tim Jordan (pictured) confirmed all flights had been temporarily suspended on Tuesday morning
The carrier launched in 2023 with the backing of American private investment firm 777 Partners.
An internal memo leaked on Tuesday reveals the reason for the sudden grounding…
