Bonza administrators win more time to sell collapsed airline

Restructuring & Insolvency 2024-05-27 3:16 pm By Andy Sidler | Melbourne

Administrators of collapsed budget airline Bonza have been given two more months to try to sell the company, with the Federal Court finding a sale would be of greater benefit than liquidation to the airline’s 58,428 creditors, who are owed $116 million.