New 'Bonza' LCC launches middle 2022 with B737 MAX
Join Date: Feb 2005
Location: Adelaide, Australia
Posts: 102
looks like trouble in paradise before the honeymoon even started...
https://australianaviation.com.au/20...lanned-launch/
https://australianaviation.com.au/20...lanned-launch/
Join Date: Oct 2013
Location: New Zealand
Age: 69
Posts: 391
Originally Posted by aviator's_anonymous
looks like trouble in paradise before the honeymoon even started...
https://australianaviation.com.au/20...lanned-launch/
https://australianaviation.com.au/20...lanned-launch/
Last edited by Paragraph377; 8th Mar 2022 at 00:48.
Join Date: Jul 2009
Location: Australia
Posts: 150
Originally Posted by Paragraph377
Oh dear. That won’t instill confidence in staff, the public, CASA. And he wasn’t part of the founding of Virgin Blue. He was an operations controller. Nothing noteworthy. Perhaps some of those coatings, like oil hitting $116 per barrel wasn’t factored into their operating model? Either that or he has taken an early parachute as he knows what’s coming. Very shaky ground me thinks.
Join Date: May 2016
Location: Sunshine Coast
Posts: 699
Originally Posted by AerialPerspective
Correction. I think he was an Ops Controller at Hazelton in fact, not DJ - may have gone to DJ eventually but I'm pretty sure he was still at ZL when DJ started and until AN collapsed.
Join Date: May 2018
Location: Brisbane
Posts: 89
Career history published online, rather than relying on memories.
https://au.linkedin.com/in/petermcnally
https://au.linkedin.com/in/petermcnally
Join Date: Feb 2012
Location: BBN
Posts: 768
With oil heading north of $120 US a barrel now could potentially reaching $150 I can’t see Bonza getting off the ground now. Offering $50 fares short flight to marginal at best destinations. The oil price will dampen QF, VA progress and will have big effects on Rex expansion as they all want to maintain cheap tickets, I noticed it big time today an extra $35 to fill my car! Inflation at 3.5% with sharp increases with no letting up.
Join Date: Oct 2013
Location: New Zealand
Age: 69
Posts: 391
Originally Posted by MickG0105
He started out at Hazelton but was at Virgin before they started flying ops, well before Ansett went under.
I still find the word ‘founding’ to be subjective. Godfrey, Sherrard, Highfield and a few others were the founders of the airline. If McNally was a ‘founder’ he would’ve received a nice bundle of shares at the floating of VB and pocketed many millions. He didn’t.
Join Date: Oct 2013
Location: New Zealand
Age: 69
Posts: 391
Originally Posted by SHVC
With oil heading north of $120 US a barrel now could potentially reaching $150 I can’t see Bonza getting off the ground now. Offering $50 fares short flight to marginal at best destinations. The oil price will dampen QF, VA progress and will have big effects on Rex expansion as they all want to maintain cheap tickets, I noticed it big time today an extra $35 to fill my car! Inflation at 3.5% with sharp increases with no letting up.
Join Date: Feb 2011
Location: Oz
Posts: 1,305
Here is some hedging data for the next 12 months. Amazing to see that the USA big players are not even hedged at all. Although Delta owns a refinery! Ryanair took a punt it seems, looks set to pay off.
I would assume Bonza is zero hedged. Virgin will remain a mystery while they sit in PE hands. Qantas looks like it will start to feel the pain 2023 onwards.
https://www.reuters.com/business/aer...es-2022-03-07/
I would assume Bonza is zero hedged. Virgin will remain a mystery while they sit in PE hands. Qantas looks like it will start to feel the pain 2023 onwards.
https://www.reuters.com/business/aer...es-2022-03-07/
Join Date: Jul 2009
Location: Australia
Posts: 150
Originally Posted by MickG0105
He started out at Hazelton but was at Virgin before they started flying ops, well before Ansett went under.
Join Date: Oct 2013
Location: New Zealand
Age: 69
Posts: 391
Originally Posted by PoppaJo
Here is some hedging data for the next 12 months. Amazing to see that the USA big players are not even hedged at all. Although Delta owns a refinery! Ryanair took a punt it seems, looks set to pay off.
I would assume Bonza is zero hedged. Virgin will remain a mystery while they sit in PE hands. Qantas looks like it will start to feel the pain 2023 onwards.
https://www.reuters.com/business/aer...es-2022-03-07/
I would assume Bonza is zero hedged. Virgin will remain a mystery while they sit in PE hands. Qantas looks like it will start to feel the pain 2023 onwards.
https://www.reuters.com/business/aer...es-2022-03-07/
A few days ago oil spiked at $126 US per barrel. The economic sanctions against Russia are going to deliver a world of pain at the motorist bowser and at the aeroplane fuel truck, so to speak. Inflation is also going to take another hammering. The economic situation has been boiling before the Ukraine ‘invasion’ started. It’s going to take a miracle for this start up carrier to survive under current conditions, and that’s before the first flight is even launched. Huge oil spikes often precede economic turmoil. In 1986 oil prices dropped to around $12 per barrel and rose to $18 per barrel in 1987 before the crash of 87. In 2007 oil prices dropped to around $69 per barrel before hitting $94 per barrel in 2008 before the crash of 08. In 2021 barrel prices were $69 and this month they are hovering $120 per barrel. There is an economic shit storm coming. The impending collapse of the current house of cards going to be epic.
Join Date: Jan 2022
Location: tossbagville
Posts: 315
Far out I reckon Ballarat you’ve got a chance here.
Join Date: May 2005
Location: QLD - where drivers are yet to realise that the left lane goes to their destination too.
Posts: 2,794
Ballarat to where though? Where's a city pair link to the 'rat that needs 737 capacity. I don't think it's got even piston regional to anywhere does it?
