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APRIL 2024

Addendum

Bonza creditors “could fill a stadium”

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April 1st 2024

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At press time, Bonza’s five 737-800s repossessed by their lessor, AIP Capital, were on their way to new homes beyond Australia. Read More » In the meantime, the LCC’s administrator, Hall Chadwick, said it remained on the hunt for new investors so the very young domestic LCC could return to flying.

On May 9, 737-800 “Bruce”, co-owned by Canadian carrier, Flair, departed Australia. The other four ex Bonza 737s, Shazza, Malc, Sheila and Bazza, also will soon have new operators as worldwide demand for the single-aisle type is healthy.

Bonza creditors have been told ticket refunds, trade invoices, staff salaries for April and any severance entitlements cannot be paid.

In the same week, another Pacific carrier, Air Vanuatu, bit the dust, after a lessor filed an insolvency claim against the South Pacific airline. By week end on May 11, only five days after the lessor claim was lodged with the courts, the flag carrier’s government owner had put the airline into voluntary administration with “Big Four” consultancy, EY, leaving the island nation with disintegrating air transport connections to the world.

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