The airline will suspend all flights from Sydney to Shanghai at the end of July,citing a lack of demand since the route relaunched after COVID border closures.
Peter Schott circled the airport in his small passenger plane for hours,burning fuel after a landing gear failure.
Bonza has farewelled the first of its five seized aircraft as it sets off for less financially stricken pastures. Now,the company’s administrators turn to facing its 60,000 creditors and $100 million in unpaid debts.
Spiralling costs,high interest rates and lower spending are driving more businesses into insolvency.
Liquidators say they intend to resume normal trading as soon as possible,while considering all opportunities to place the airline on a stronger footing.
To suggest that the airline’s settlement over the ghost flights matter makes Qantas a trustworthy company is to be wilfully blind to its recent history.
Lawyers told the Federal Court that Bonza’s aircraft leases had been terminated last week,while emails confirm its backers knew in March of a plot to shut it down.
While the airline is up for $120 million in fines and compensation,Qantas could have ended up paying a far heavier price for its so-called “ghost flights”.
Brisbane Airport is set to add another international destination to its inventory,with flights to the tiny north Pacific nation of Palau to begin this month.
The airline admitted it misled consumers by advertising tens of thousands of “ghost flights”. Here’s everything we know about what affected customers will get.
The airline will stump up penalties to the watchdog and compensation to 86,000 affected passengers after it advertised and sold tickets for cancelled flights.