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…
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
Many Australians have been left stranded at airports across the country after budget airline Bonza “temporarily” suspended all flights on Tuesday. The company entered voluntary administration within hours of the cancellations, and the administrators have since confirmed the fleet will remain grounded until Thursday, May 2. Here’s what we know so far. First up, what is…
Budget airline Bonza has entered voluntary administration after it left hundreds of travellers stranded at major airports across the country. On Tuesday morning, Bonza passengers departing the Sunshine Coast, Gold Coast, Melbourne and Avalon arrived to find their flights cancelled. Bonza CEO Tim Jordan said the move was “temporary” and discussions were “underway regarding the…
Low-cost Australian airline Bonza has entered voluntary administration after just over 12 months in the air. On Tuesday morning, Bonza abruptly temporarily suspended all its services as discussions are currently underway regarding the ongoing viability of the business. The airline, which commenced official operations on January 31, 2023, describes itself as Australias new and only…
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…
A village sports centre has had to shut after its management company announced it would be going into liquidation. Melbourn Sports Centre, on the grounds of Melbourn Village College, in Cambridgeshire, first opened in 1991. Staff announced the closure with “shock and sadness”, in a statement on the centre’s website. Melbourn Village College – a…
Bonza has entered voluntary administration hours after suspending its flights earlier today. An internal note sent by airline CEO Tim Jordan, obtained by the AFR, confirmed that its fleet was repossessed by its aircraft lessor at 3am, as widely speculated. However, the message added the news came as a surprise to both Bonza and owners…
Low-cost airline Bonza has entered voluntary administration after passengers were met with signs saying their flights had been abruptly cancelled on Tuesday. People were left stranded as planes were repossessed, with vision showing them being towed from the tarmac. CEO Tim Jordan apologised as he advised all services were “temporarily suspended” while he determined the…
Indias Ministry of Corporate Affairs has issued a circular inviting public comment on seven regulations associated with the Insolvency and Bankruptcy Code (IBC). Public feedback will be sought for a period of 30 days starting April 18, 2024. Indias corporate affairs ministry (MCA) has proposed regulatory changes on various aspects of the Insolvency and Bankruptcy…