Bonza's fate could be known by end May

BTN News
Wednesday, 15 May 2024

The administrator for Australian airline Bonza has told its staff they will remain stood down for at least another two weeks while talks continue with parties interested in bailing out the airline, which has debts of more than A$116 million.


The deadline for expressions of interest has been set for Thursday May 16.

The first creditors' meeting (last week) was told there were up to 20 potential buyers, including other airlines, travel companies and investors. 

The carrier suspended all flights on April 30, leaving thousands of passengers stranded and staff 'in limbo'. Staff wages have not been paid since the end of March.

Transport Workers' Union (TWU) national assistant secretary Emily McMillan said some workers had already left the company. 

"Two months (till end May) is a long time to go without pay," she said.

Bonza's fate could be known by end May

BTN News
Wednesday, 15 May 2024

The administrator for Australian airline Bonza has told its staff they will remain stood down for at least another two weeks while talks continue with parties interested in bailing out the airline, which has debts of more than A$116 million.


The deadline for expressions of interest has been set for Thursday May 16.

The first creditors' meeting (last week) was told there were up to 20 potential buyers, including other airlines, travel companies and investors. 

The carrier suspended all flights on April 30, leaving thousands of passengers stranded and staff 'in limbo'. Staff wages have not been paid since the end of March.

Transport Workers' Union (TWU) national assistant secretary Emily McMillan said some workers had already left the company. 

"Two months (till end May) is a long time to go without pay," she said.