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Bonza hopes fade as VietJet walks from deal talks
Ayesha de KretserSenior reporter
Updated
Bonza’s hopes of finding a buyer are fading after VietJet Air walked away from talks and its administrators, Hall Chadwick, told Bonza’s staff on Tuesday that they had extended the airline’s grounding until May 29.
On Friday, the administrators said they were in talks with six “serious” buyers who had expressed interest in competing in the lucrative Australian domestic aviation market.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
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