Bonza Airline Discussion

[N860CR]

I'm guessing the pilots are not the ones likely to be in financial trouble and unable to find new work.

I’d probably say the opposite. Plenty already lost their jobs when virgin tanked, now they’re unemployed (and haven’t been paid for their last month) with zero chance of getting a base in their home city and searching for jobs that have an extremely long and arduous recruitment process.

The cabin crew, ground staff etc can easily transition into unrelated roles immediately.

 

[TedE]

Really shocking stuff. Luckily staff other than operating crew have at least been paid for April as their pay cycles are different. Terrible for those who miss out though.

They won't miss out entirely, they will get paid eventually either as priority creditors in any liquidation/DOCA or otherwise under the Government's Fair Entitlements Guarantee.

 

[PineappleSkip]

Choice is seeking details of pax who have been impacted by the Bonza collapse. I suspect there are many pre collapse pax who were waiting on refunds that now join the ranks of unsecured creditors.

Choice info request

Also, some reportage about the collapse's impact on the Sunshine Coast here

Passengers in limbo

 

[BAM1748]

They won't miss out entirely, they will get paid eventually either as priority creditors in any liquidation/DOCA or otherwise under the Government's Fair Entitlements Guarantee.

I think the issue is these people need to go to the supermarket now and pay their rent now not in 2025.

I think assuming there will be anything to pay staff is probably dreaming considering Bonza didn’t pay the previous pay period, did they pay the staff the super payments for the 12 months they were in business.

Relying on the last line of protection ie the tax payer for Fair Entitlements could be way off in the never never. Let’s hope not but that’s the way of things like this.

From what I read most Australians are only three pay days from bankruptcy themselves.

We can all learn from this, build up a reserve.

 

[Saab34]

I think the issue is these people need to go to the supermarket now and pay their rent now not in 2025.

I think assuming there will be anything to pay staff is probably dreaming considering Bonza didn’t pay the previous pay period, did they pay the staff the super payments for the 12 months they were in business.

Relying on the last line of protection ie the tax payer for Fair Entitlements could be way off in the never never. Let’s hope not but that’s the way of things like this.

From what I read most Australians are only three pay days from bankruptcy themselves.

We can all learn from this, build up a reserve.

It’s a good point. Since 21 I’ve put 3% of all my income into a separate account, purely if I happen to find myself unemployed at any point before retirement, it will buy me time, I will shortly be entering this industry so its higher risk vs my other industry. So far I’ve got about $70k.