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The Latest Breaking News from Bonza

Two-month window for sale of grounded airline Bonza

Out-of-pocket staff and other creditors of cash-strapped budget carrier Bonza will be better off if the company is sold rather than wound up, a court has heard.

AAP

Go west: growing calls for direct flights from Newcastle to Perth

Newcastle could support three flights to Perth a week.

Newcastle Herald

Roll out the barrel: regional NSW gets business boost

Rural and remote airstrips will be upgraded and country towns will get money for child care under state funding aimed at kick-starting regional businesses.

AAP

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Staff to remain stood down at troubled airline

More than 300 Bonza workers will wait two more weeks to know if they will keep their jobs as talks with prospective buyers for the embattled airline continue.

AAP

Queensland government hoses down suggestions it is considering bailout for Bonza

Administrators tell creditors meeting they are ‘moving heaven and earth’ to secure a future for grounded airline

The Guardian - AU

Bonza buyer interest claim despite sky-high $110m debt

Bonza's first creditors' meeting has painted a dire financial picture, including debts of more than $110 million for the troubled budget carrier.

AAP

Air Vanuatu liquidation prompts Virgin flight boost

The national airline of Vanuatu has been placed into liquidation after cancelling all flights to and from Sydney and Brisbane.

AAP

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Air Vanuatu cancels Australian flights amid cash woes

The national airline of Vanuatu has cancelled all its flights to and from Sydney and Brisbane for the rest of the week amid reports of financial difficulties.

AAP

Bonza's planes fly off as customers, workers in lurch

Embattled budget carrier Bonza remains in limbo as its newly appointed administrators finalise plans for a creditors' meeting.

AAP

Bonza administrators worry that 20,000 out-of-pocket airline customers could attend creditors meeting

‘That would require a stadium,’ federal court hears as airline administrators try to organise online meeting for Friday that would allow everyone to vote

The Guardian - AU

Bonza cancels more flights as fleet poised to soar away

A creditors' meeting for cash-strapped airline Bonza is due to be held within days after its administrators applied to a court.

AAP

Bonza has 57,000 customer creditors, aircraft still grounded

The Federal Court has heard most creditors have forward bookings.

Newcastle Herald

No bailout for Bonza as more than 300 staff stood down

Passengers and more than 300 staff are in limbo after administrators grounded Bonza's planes, with the government rejecting a bailout for the penniless airline.

AAP

Bonza urged to pay April wages; data breach exposes family violence, sexual assault data – as it happened

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The Guardian - AU

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AAP

Bonza passengers in limbo as planes grounded for longer

Bonza's fleet will be idle or a few more days as administrators hold talks with stakeholders and determine the airline's future.

The Guardian - AU

Morning Mail: university bosses’ pay soars, Harvey Weinstein to be retried, US campus mass arrests

Six out of eight Victoria vice chancellors earn more than $1m despite deficits; disgraced movie mogul to be tried again for rape after conviction thrown out

The Guardian - AU

Bonza administrators in global talks on grounded budget carrier that helped ‘push down air fares’

Transport minister Catherine King says it is unlikely the airline will be saved, while insiders think repossessed planes will be returned to the US

The Guardian - AU

Bonza is the latest victim of Australian neoliberalism. It’s hard to see a new airline arriving any time soon

The mess created by decades of economic mistakes will be hard to unscramble. But the airline industry is a good place to start

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Newcastle Herald

Bonza customers out of pocket and out of patience over holiday chaos

Administrators are working out whether Bonza can survive.

The Guardian - AU

Grounded: Bonza poised to join long list of failed Australian airlines

An aviation industry dominated by the Qantas-Virgin duopoly may have claimed another victim – but it’s far from the first to fall

The Guardian - AU

Blow to would-be Everton owners 777 Partners as airline enters administration

Company owned by 777 Partners, who hope to take over Everton, enters administration in Australia

The Guardian - AU

Bonza enters voluntary administration after abruptly cancelling all flights across Australia

Passengers were earlier left stranded as discussions took place on ‘viability of business’

The Guardian - AU

Afternoon Update: Bonza grounded; teenager charged with murdering sister; and Plato’s final hours

Airline’s chief executive, Tim Jordan, acknowledged to staff that the airline’s fleet was repossessed by AIP Capitol, the effective lessor of the aircraft

AAP

Bonza calls in administrators as passengers hit hotline

Budget airline Bonza has entered voluntary administration after flights were suspended and the Australian government created a hotline for customers.

Newcastle Herald

'The Bonza effect': How many Novocastrians flew with airline over past year

The airline was humbled by the support of Newcastle.

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