Bonza CEO Tim Jordan
And Mr. Jordan is not concerned about launching an airline during a pandemic.
“Now that the light at the end of COVID tunnel is getting brighter every day, it’s more of an opportunity than a problem but there will still be bumps I am sure but that’s aviation.”
Bonza is backed by huge US private investment firm 777 Partners, whose aviation investments include Canada’s only independent low-fare airline, Flair Airlines, and the Southeast Asian-based Value Alliance.
In addition, its investment portfolio includes several software companies and aircraft leasing.
According to Josh Wander, managing partner at 777 Partners, “there is a huge opportunity to both do good and do well by democratizing air travel through lower costs.
“We see huge potential in the Australian market to deliver the benefits and options that an independent low fare airline brings.”
Mr. Jordan told AirlineRatings.com that the airline has selected its management team and has been in discussions with the Civil Aviation Safety Authority on the airline’s certification process.
Bonza will operate a fleet of new Boeing 737-800 aircraft, although Mr. Jordan would not be drawn on how many.
However, 777 Partners recently ordered 24 from Boeing with options for 60 more.
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