A source with knowledge of the situation said it was never Bonza’s job to pay the leases on its fleet of 737 MAX 8 aircraft, which have sat grounded since Tuesday after being repossessed by the lessor, AIP Capital.
The addition of Palau, which is part of Micronesia and lies north of Papua New Guinea and east of the Philippines, gives Brisbane the highest number of Pacific connections out of any Australian airport, with a total of 14.
Despite the penalty, the Flying Kangaroo said the ACCC is no longer proceeding with claims the airline received payment for flights it had no intention of providing – essentially removing the suggestion it deliberately misled consumers.
For years, the rumours have said that Tim Pallas wanted to leave politics, and a recent departure hints that he may just do that after what will be his 10th budget.
Staff are unable to claim their salary from the government immediately because the company is continuing to search for new investment, and also risk losing money if they formally resign.
The state is run by Jacinta Allan a politician with no real day to day business experience and one who has persistently run projects that have exceeded budgets by $billons. The chickens are now coming home to roost.