Administrators tell creditors meeting they are ‘moving heaven and earth’ to secure a future for grounded airline
- Follow our Australia news live blog for latest updates
- Get our morning and afternoon news emails, free app or daily news podcast
The federal and Queensland governments have told the administrators determining the future of budget airline Bonza they’re unlikely to provide financial support to help save the carrier, as the search for aircraft and a new buyer continues.
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.
Continue reading...