Hall Chadwick argued in its report to creditors that funding from the Miami-based investment firm, on which Bonza relied to keep operating, was “not sufficient to meet the company’s operational requirements”.
Speaking exclusively to Australian Aviation, Koala CEO Bill Astling said the initial three planes are likely to be built in around July or August next year, with the launch date for the airline depending on their delivery.
Hall Chadwick argued in its report to creditors that funding from the Miami-based investment firm, on which Bonza relied to keep operating, was “not sufficient to meet the company’s operational requirements”.