Bonza has appointed a voluntary administrator to run the discount regional airline after the company behind its aircraft provider repossessed its planes in Australia leaving thousands of passengers stranded on Tuesday. Planes registered to Bonza remain grounded at the Sunshine Coast, melbourne and the gold coast after a former investment partner of the discount airline’s…
Fresh doubt has been cast over the future of a half-a-billion-dollar Northern Territory government project after the collapse of one of the major companies involved. Key points: A major contractor on the $515 million ship lift facility has entered administration The project has already faced delays and a $115 million cost blowout Critics of the project are…
Booktopia has entered voluntary administration after struggling with the expense of transitioning to a $12 million robot-enabled warehouse facility and to raise further funds. The Australian e-tailer began building a new highly automated customer fulfilment centre (CFC) in sydney last year in a bid to support future expansion. However, due to the CFC’s operational disruption and…
Redback electrical engineer Fasil Worku (left) shows network technology delivery manager Peter Judge how to use the Redback Solar Inverter System brisbane-based battery business Redback Technologies has entered voluntary administration, with administrator McGrathNicol Restructuring seeking new investors. Related article: Redback Technologies receives $9m investment McGrathNicol has confirmed it is calling for expressions of interest for the…
30 Apr, 2:48amTue 30 Apr 2024 at 2:48am Hotline set up for Bonza customers The Transport Department has established a hotline for stranded passengers. That number is 1800 069 244 and the line will be operating until 10pm tonight, the department says. Customers can also call Qantas, Jetstar or Virgin‘s customer service lines for assistance. Transport Minister…
Bonza’s 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. Bonza’s move to enter voluntary administration is a “sad time for aviation and major blow for competition”, says the main body representing Australia’s network of airports. Loading……
A rehabilitation facility at the centre of mistreatment and abuse allegations has gone into voluntary administration, effective from Wednesday. The development was confirmed by Esther Foundation’s interim CEO Phil Sparrow and came as a growing number of women spoke out about allegations of abuse. In a statement, the Esther Foundation said recent media coverage had caused…
Circa’s Peepshow at Castlemaine State Festival 2019.Credit: Carl Dziunka While trouble surrounding music festivals has dominated headlines in the past year, some locals have pointed to more specific issues contributing to the losses incurred at the most recent Castlemaine festivals. Loading Former Castlemaine Festival board member Mark Anstey, who served from 2010 to 2018, says…
Budget airline Bonza has fallen into voluntary administration after passengers were left scrambling to find seats on planes following sudden cancellations. Travellers were left stranded in airports across Australia on Tuesday morning amid urgent talks about the future of the airline. ASIC records on Tuesday afternoon showed the company appointed external administrators, named as Hall…
In short: Creditors have approved a financial rescue plan for the melbourne Rebels in a boost to the embattled club’s chances of survival. The Rebels went into administration in January with debts of over $20 million. What’s next? The plan is contingent on Rugby Australia awarding the new consortium a license. Creditors have voted to accept…