The voluntary administration period for Sunshine Coast-based airline Bonza has been extended for another two months.
The Federal Court has granted Bonza administrators, Hall Chadwick, extra time to hold a second meeting of creditors.
The main purpose of the extension is to provide the Administrators with further time to conduct a sale of Bonza’s business and assets “which we believe is in the best interests of all creditors”.
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Bonza employees remain stood down without pay and are unable to accept other work for the two months.
In a statement, Hall Chadwick said they understand how difficult and…
