Today
Bonza in crisis after planes repossessed
Bonza has appointed a voluntary administrator to run the discount regional airline after the company behind its aircraft provider repossessed its planes in Australia leaving thousands of passengers stranded on Tuesday.
- Updated
- Ayesha de Kretser
Bapcor CEO-elect quits two days before taking job
Paul Dumbrell has pulled out of taking the top job as investors brace for a profit downgrade and one of the founders lashes out at the board.
- Updated
- Simon Evans
- Opinion
- Chanticleer
Bonza mess stretches from English soccer club to the US pension system
The tiny regional airline is stuck in the middle of a fight that stretches from Liverpool to Miami to Bermuda and New York. There will be no easy way out.
- Updated
- James Thomson
Bonza voluntary administration on the runway; Hall Chadwick buckles in
Hall Chadwick has been asked to act as voluntary administrators of embattled airline Bonza Aviation.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
Women to appeal Qatar judgment in Federal Court
A group of women subjected to strip searches have asked the Federal Court to grant them leave to appeal.
- Ayesha de Kretser
Electric vehicle sales set to surge, IEA predicts
EV numbers will be strong this year and Chinese carmakers will increase their dominance, the International Energy Agency predicts.
- Hans van Leeuwen
Qantas, Virgin flight delays are starting to ease
The latest official figures show the best on-time performance among major airlines since the easing of travel restrictions introduced in the COVID-19 pandemic.
- Ayesha de Kretser
This airline has a rewards seat to Europe every day in July
Qantas has a frequent flyer program competitor nagging at its heels, with Aussies signing up to Virgin Australia’s Velocity in droves.
- Ayesha de Kretser
Air New Zealand downgrades earnings, again
The Kiwi carrier is battling headwinds, including weak domestic demand, increased international competition, higher costs and plane delays.
- Updated
- Ayesha de Kretser
- Exclusive
- Aviation
Make green fuel the new hydrogen, airlines and airports urge Labor
Qantas and Virgin are among those lobbing the federal government to set aside $2 billion at next month’s federal budget to reduce dependency on fuel imports.
- Ayesha de Kretser
Bonza cuts flights amid trouble registering aircraft
The budget airline, backed by Miami’s 777 Partners, is cutting some routes to the tourism hub, where one of its Boeing 737 MAX-8 planes remains grounded.
- Ayesha de Kretser
- Updated
- Aviation
KordaMentha runs the ruler over Bonza as its Miami PE owner wavers
Sources close to discussions said the corporate restructuring specialists had not been appointed as administrators, but to provide financial advice.
- Updated
- Matthew Cranston and Ayesha de Kretser
GIP’s Pacific National in management meet-and-greets; eyes on PSP
Sources said Canadian pension funds, including PSP Investments, are in-and-around the sale process, while Middle Eastern funds are also expected to take a look.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Aviation
Sustainable aviation fuel has been a talkfest for far too long
For a government that has flagged its commitment, there is surprisingly little policy. Australia still produces no SAF – and has no fully funded projects.
- Ayesha de Kretser
Qantas diverts Perth-London flights amid Middle East tensions
The airline’s direct service will be diverted via Singapore amid fears Iran is planning an imminent attack on Israel.
- Ayesha de Kretser
What every manager can learn from Boeing’s strife
The flight path is depressingly familiar as a succession of its leaders, in thrall to Jack Welch’s GE management teachings, dismantled a once-great plane maker.
- Peter Robison
OPTrust’s Kinetic secures $1.6b refinancing; 21 lenders tip in
Of note, Kinetic will bid farewell to more expensive, LBO-style debt in lieu of an infrastructure-style deal that would lower the group’s financing costs.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Women can’t sue Qatar Airways over invasive strip search, court finds
The Federal Court judge also says the Qatar Civil Aviation Authority, which was being pursued by the women, is immune from foreign prosecution.
- Ayesha de Kretser
Linfox has been ‘let down’ by fragile rail networks
Some of the logistic group’s customers now refuse to put goods on trains due to severe disruption from floods, bushfires and derailments, says chief executive Mark Mazurek.
- Jenny Wiggins
- Opinion
- Chanticleer
Qantas’ ‘world’s best’ loyalty scheme battles points hoarders
The airline’s frequent flyers are great at accumulating points – they always have been. But Qantas has to help them get better at spending the points to shore up its loyalty proposition.
- Anthony Macdonald