Friday, June 14, 2024

Bonza Aviation Pty Ltd (Administrators appointed)

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A.C.N. 653 309 909
(“the Company”)

Bonza, Media Release, 30 April 2024

1. Voluntary Administrators

Richard Albarran, Kathleen Vouris, Brent Kijurina and Cameron Shaw were appointed Administrators of the Company on 30 April 2024 pursuant to Section 436A of the Corporations Act 2001 (“the Act”) by a resolution of the directors of the Company. The purpose of the appointment of an Administrator is to allow an independent insolvency practitioner to take control of the Company during which creditors’ claims are put on hold. At the end of that period the Voluntary Administrators are required to provide creditors with information and recommendations to assist creditors to decide upon the Company’s future, which they ordinarily do at a meeting of creditors held at the end of the convening period.

2. Ongoing trade of the business

The Voluntary Administrators with the engagement of Norton Rose Fulbright are currently considering the continued trading of the Company’s operations during the course of the Administration period including the continuation of employment of all employees of the Company. The Company’s fleet is currently grounded pending discussions with relevant parties and key stakeholders. The grounding of the fleet is currently up to and including Thursday 2 May 2024, and customers with bookings during this period are advised not to travel to the airport. The discussions regarding ongoing trading are occurring over the forthcoming days and the Administrators will be in a position to update all stakeholders as the matter progresses. The Administrators are conscious of the impact of the grounding of the Company’s fleet and are working alongside the existing senior management of the Company and the aircraft operational team in respect to ongoing trading. The Administrators have also commenced engagement with all key stakeholders including secured creditors, government bodies, key suppliers, and contractors. The Administrators will endeavour to provide regular updates to all stakeholders across multiple platforms so that all affected parties have access to up to date information.

3. Support for customers

The Administrators have established a hotline for customers for any queries they may have, customers may call 03 8678 1600. The Administrators have personnel available to discuss the Administration, continued operations and assist with queries.

4. Stranded passengers

The Government has established a hotline for stranded passengers this number is 1800 069 244 which, at this time, is available to 10pm today. Bonza Aviation Pty Ltd (Administrators Appointed) A.C.N. 653 309 909 (“the Company”)

5. Email contacts for each class of stakeholder

The Administrators will endeavour to provide regular updates to all stakeholders across multiple platforms so that all affected parties have access to up to date information. 

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