Bonza administrators say budget airline likely traded while insolvent

Restructuring & Insolvency 2024-06-27 10:19 pm | Melbourne
The administrators for budget airline Bonza have found it likely traded while insolvent in the lead-up to its voluntary administration, suggesting the airline’s directors may have breached their duties under the Corporations Act.
For information on rights and reprints, contact subscriptions@lawyerly.com.au