News
Bonza enters voluntary administration after grounding of network
May 2nd 2024
Australia’s newest LCC, Bonza, has cancelled operations and confirmed it has entered voluntary administration. Read More » Advisory firm, Hall Chadwick, has been appointed administrator for Bonza Aviation Pty Ltd. “We apologise to our customers impacted by this and we are working as quickly as possible to determine a way forward that ensures there is ongoing competition in the Australian domestic aviation market,” Bonza CEO, Tim Jordan, said. Reuters Agency has reported lessor, AIP Capital, began taking control of Bonza's four 737-MAX-8s after midnight on April 30. The collapse of Bonza comes 15 months after it was launched, backed by U.S. investor 777 Partners.
