‘Here for Allstralia’ no more as vote brings an end to Bonza’s short existence.
Around 60,000 creditors of failed low-cost airline Bonza have today voted to liquidate the airline, with no buyers able to found to save the embattled brand.
According to a final report to creditors issued late last month by Bonza’s administrators, Hall Chadwick, the airline’s accumulated losses up to 30 Apr 2024 amounted to over $133 million.
For more than 500 employees of the former airline, today’s move unlocks access to the Federal Government’s Fair Entitlements Guarantee scheme, with lost wages, redundancy and pay in lieu of notice now forthcoming.
“The finality of Bonza’s collapse is a sad event for Australia’s aviation industry, but brings the certainty workers needed to access the Fair Entitlements Guarantee scheme for their owed entitlements, including wages for work completed in April,” said Transport Workers Union National Secretary, Michael Kaine.
More details in tomorrow’s issue of Travel Daily.