Tag: australian

A new statement from administrator Hall Chadwick reveals the airline’s directors were only told they were losing control of their 737 MAXs the day before the repossessions occurred.

777 Partners, which is believed to have held around 24 per cent of Flair, has seen its stake reduced to almost nothing, according to sources cited in the Australian Financial Review. The Miami-based venture capital firm is also a part owner of Bonza, w…

777 Partners, which is believed to have held around 24 per cent of Flair, has seen its stake reduced to almost nothing, according to sources cited in the Australian Financial Review. The Miami-based venture capital firm is also a part owner of Bonza, w…

Speaking exclusively to Australian Aviation, Bradley Davren, CEO of AVCRO, which has provided MRO services to Bonza since the airline’s inception, said that the stricken low-cost carrier was a viable business before entering voluntary administration on…

In a statement released on Wednesday afternoon, administrator Hall Chadwick said Bonza’s four 737 MAX 8s, which were seized early Tuesday morning in a move that reportedly blindsided the airline, will remain on the tarmac until next week at the earlies…