Bonza hopeful for Queensland bailout but federal government support unlikely
Administrators tell creditors meeting they are ‘moving heaven and earth’ to secure a future for grounded airlineFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Albanese government has told administrators determining the future of budget airline Bonza it’s unlikely to provide financial support to help save the carrier, but the Queensland government is considering stepping in if a new owner is found.During a first meeting of creditors on Friday administrators from the firm Hall Chadwick said “we’re moving heaven and earth” to secure a future for the grounded airline.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
Administrators tell creditors meeting they are ‘moving heaven and earth’ to secure a future for grounded airline
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The Albanese government has told administrators determining the future of budget airline Bonza it’s unlikely to provide financial support to help save the carrier, but the Queensland government is considering stepping in if a new owner is found.
During a first meeting of creditors on Friday administrators from the firm Hall Chadwick said “we’re moving heaven and earth” to secure a future for the grounded airline.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...