On its first “Bonzaversary”, the low-cost carrier claimed it had saved passengers more than $125 million in its first year, based on the difference between its own average airfares and those of other airlines on routes where they compete.
Appearing in the Federal Court to outline next steps, voluntary administrators from EY Australia said it would be “inutile” and costly for former chairman Lim Kim Hai to move forward with an extraordinary general meeting while directors do not have any…