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”.
In its report to creditors, Hall Chadwick blamed a number of factors for the business’s failure, including “insufficient” and “sporadic” funding from parent company 777 Partners, and recommended the company be wound up.
Sources cited in The Australian say Jones (pictured), who sensationally defected from Qantas in 2020, is the favourite to take over from outgoing CEO Jayne Hrdlicka as the airline’s owner Bain Capital reportedly prepares for an IPO by Christmas. Hrdlic…
Flight JQ161 from Changi Airport touched down in Broome shortly before 2:15pm local time on Tuesday after a flight time of around four hours. The return service will operate twice per week until October, resuming in April 2025, and will add around 13,0…
In a survey of 1,500 people conducted between 31 May and 4 June, 50 per cent said government should support low-cost carriers to “enable a competitive market and to keep air travel accessible to more Australians”, with 27 per cent opposed and 23 per ce…
The mid-life aircraft, to be sourced from an unnamed international carrier, will enter service from the end of the 2024 calendar year, bringing QantasLink’s total Q400 fleet to 45. Each will have 78 seats, compared to 74 for QantasLink’s existing Q400s…
Functioning as a tag to the Taiwanese carrier’s existing Melbourne–Taipei service, the A350-900 flights, which will operate every day except Monday and Saturday, are expected to add more than 3,000 seats per week between Melbourne and Auckland in time …
The Flying Kangaroo, which last operated a seasonal service from Sydney to Sapporo in Hokkaido, Japan, between December 2019 and March 2020, said it had been assessing plans to restart the route this year, but did not proceed due to labour and other su…
BITRE data for May 2024 shows that just 1.1 per cent of Jetstar flights were cancelled last month, lower than Virgin Australia at 2.1 per cent and Qantas and QantasLink at 2.6 per cent, though Rex and regional carrier Hinterland Aviation had the best c…