The collapse of Bonza Aviation was sudden but not unexpected. While most start-up airlines in Australia fail, Bonza’s demise raises questions about why and who was behind it. Matt Prescott with the story.
The collapse of Bonza raises, yet again, the question of how to make the Australian Aviation industry more competitive. Can the cosy duopoly of Qantas and Virgin on major routes ever be challenged without giving more landing slots to international airlines at our capital city airports? Is the regulatory regime fit for purpose? Should we put limitations on who can own an Airline operating in the local market? Are the capital requirements for airline licenses adequate?