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Thread: RIP Bonza
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Old 10th May 2024, 04:59
  #149 (permalink)  
nomess
 
Join Date: Dec 2023
Location: Oz
Posts: 241
Received 175 Likes on 80 Posts
Total debt will be between $120-130m it seems.

No airline has burnt so much cash in the available timeframe like this has. Holey Moley.

Looks like Airports are owed a fair bit. Nauru airlines also, so that was another lie from Timbo.

Plus some strange statement from the him

A message to creditors from Bonza chief executive Tim Jordan was read out at the start of the meeting, reflecting on the airline’s short-lived operations.

He said Bonza realised his dream of democratising air travel in Australia, and since January 2023 the airline had carried almost one million customers to 22 destinations.

“It’s therefore very hard to balance this with how we find ourselves today,” Mr Jordan said.
Yes. He realised his dream. By operating a high cost, half empty, cash burning, fledging airline. Congratulations.

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