More than 300 workers sacked as failed budget airline Bonza struggles to find a buyer

Australia News News

More than 300 workers sacked as failed budget airline Bonza struggles to find a buyer
Australia Latest News,Australia Headlines
  • 📰 SBSNews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 89%

Bonza's administrators have told more than 300 employees, who have been stood down since April, that their employment would be terminated.

Hundreds of workers have officially been sacked from budget airline Bonza as administrators struggle to find a buyer to bail out the grounded carrier. Administrator Hall Chadwick told its more than 300 staff in a virtual town hall meeting on Tuesday morning that their employment would be terminated. Workers had been stood down since April, when the airline went into administration after its fleet of Boeing 737-8 planes was repossessed by lessors. The company is yet to enter into liquidation.

In a confidential meeting on 6 June, Hall Chadwick set interested parties a deadline of the following day to submit a purchase proposal. If the company was placed into liquidation, employees would be entitled to payments through the federal government's fair entitlements guarantee scheme.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SBSNews /  🏆 3. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bonza staff have employment officially terminated in town hall meetingBonza staff have employment officially terminated in town hall meetingHundreds of employees of embattled budget airline Bonza have had their employment terminated at a town hall meeting.
Read more »

Bonza administrators sack airline’s staff ahead of announcement about its futureBonza administrators sack airline’s staff ahead of announcement about its futureAdministrators from firm Hall Chadwick notify staff they have been terminated ahead of broader announcement
Read more »

Bonza collapse leaves hundreds jobless, as Virgin promises to prioritise employmentBonza collapse leaves hundreds jobless, as Virgin promises to prioritise employment7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »

‘Taken out of our hands’: Yze confirms Dusty 300 call amid great’s left-field plea‘Taken out of our hands’: Yze confirms Dusty 300 call amid great’s left-field pleaAFL: Brendan Devola made a stunning claim that Dustin Martin will retire before joining the Gold Coast Suns in 2025.
Read more »

After 300 years of travel scams, here’s what you need to watch out forAfter 300 years of travel scams, here’s what you need to watch out forTourists have always presented easy targets, but the methods of the con artists have changed over the past 300 years or so.
Read more »

After 300 years of travel scams, here’s what you need to watch out forAfter 300 years of travel scams, here’s what you need to watch out forTourists have always presented easy targets, but the methods of the con artists have changed over the past 300 years or so.
Read more »



Render Time: 2025-02-13 13:22:28