100% Locally Owned, Independent and Free

100% Locally Owned, Independent and Free

Bonza remains in limbo as administrators finalise plans for creditors' meeting

Do you have a news tip? Click here to send to our news team.

Photo of the day: morning treat

"Early morning beach walkers were treated to a glorious show of colour," said Prue Henschke, who captured this photo at Coolum Beach. If you have More

Coast company to build seawall in Pacific Islands

A Sunshine Coast company has been appointed to deliver a 1.81km coastal protection system in the Pacific Islands. Buderim-based dredging, civil and marine construction company More

All aboard? Funding for rail gains momentum

The state government could soon bolster its funding for a rail upgrade on the Sunshine Coast, after the federal government announced it would provide More

Jane Stephens: off-leash dogs a divisive topic

Debate around off-leash dogs quickly runs off the chain. It brings out the animal, making us whine and barking mad. Any topic around animals is sure More

Roads closed as event draws record number of runners

Roads will be closed this weekend when a record number of runners contest a growing marathon festival. There will be changed traffic conditions around Noosa, More

Multi-level building and car park proposed to replace shops

Plans are afoot to redevelop a popular shopping hub at Maroochydore. Fernco Pty Ltd wants to build a three-storey commercial and mixed-use building at 86-94 More

Bonza’s fleet of planes has begun to be removed from Australia before the airline’s financial crisis is laid bare at a creditors’ meeting.

The embattled budget carrier, which was back in Federal Court on Thursday morning ahead of the first meeting on Friday, appointed administrators after the lease agreement for its planes was terminated.

The first of those planes – a Boeing 737 Max 8 – flew out from Sunshine Coast Airport shortly after 9am on Thursday destined for Honolulu.

Bonza said on Tuesday its lessors were enforcing their rights and were repossessing the planes intending to reposition them overseas.

The airline said it had argued to keep its fleet and use the planes in the short term.

Without planes, Bonza has cancelled all flights until May 15 and will not compensate any customer left out of pocket.

Related stories

Lawyers for administrators Hall Chadwick were in court finalising Friday’s meeting, where creditors – including about 58,000 customers left out of pocket – will be updated on the airline’s dire financial state.

Barrister James Hutton SC said administrators had received almost 9000 emails from potential creditors and about 2000 had provided proof of debts.

Many of the issues raised by Justice Elizabeth Cheeseman in an earlier court hearing had been sorted out by the administrators, including the ability for creditors to ask questions.

Friday’s meeting is set to take place via Zoom.

More than 300 Bonza employees, who are also in line to become creditors, remain stood down.

The administrators previously said insufficient cashflow and funding stopped Bonza from operating but the reclaiming of the planes, forcing the sudden cancellation of flights, was unexpected.

Scroll down to SUBSCRIBE for our FREE news feed, direct to your inbox daily.

[scn_go_back_button] Return Home

Subscribe to SCN’s daily news email

This field is for validation purposes and should be left unchanged.