Avaiation is a 'savage' industry

Aviation expert Geoffrey Thomas discusses what went wrong with Bonza.
Budget airline Bonza cancelled all flights across Australia and has entered voluntary administration.
“The aviation industry has never made money since the first passenger stepped on a plane in 1919,” Mr Thomas told Sky News Australia.
“It’s a very savage industry”.
“Virgin, Qantas and Rex are all powerful brands - you’ve got to have something super special to really make an impact”.

[@MrBibi86]

*Are we shocked that an airline named after a slang word that has probably not been used in this country in 25 years went bust?!*

[@user-xo4rx8ov5o]

Qantas like Coles and Woolworths allowed to block competition

[@d-munn]

Definition of Corporate Fascism: AU Govt & Qantas

[@electro_sykes]

Qantas did say under Alan Joyce that they would “defend their turf”

[@allright1937]

🎉I appreciate your honest coverage ❤

[@lucianosantucci108]

Bummer. Love you Bonza. RIP

[@elizabethroberts6215]

……going into receivership means NO refunds. Some creditors’ are STILL waiting on funds’ from Ansett, & it collapsed nearly 23 years’ ago…………

[@alexlong3714]

Virgin Australia also went bankrupt, not so long ago. and changed owner. no? He said it "Owner needs to have deep pocket, to run an airline" Definitely, "Not on borrowed money".

[@harvs4174]

This guy has no idea what he’s talking about! If a business is successful it does not need financial backing. It was a stupid idea from the start, the business model works in Europe where you service millions of people, not Sunshine Coast to Albury on 180 seat aircraft🤯

[@elizabethroberts6215]

……yes, CEO Tim Jordan at launch boasted about flying routes’ no other airline does. There was a good reason WHY that was the case, & AB has just found that out to their detriment………

[@MrBibi86]

I also heard the planes were to large.

[@alexlong3714]

Ryanair is good enough for Europe, because of the economy of scale.

[@elizabethroberts6215]

@@alexlong3714 ……it’s good enough bc population is much larger than Australia’s. Europe, incl UK, & Ireland topographies’, don’t have 100’s of 1000’sof sq klms of desert that Oz has…………

[@electro_sykes]

Qantas excuatives are celebrating

[@thunderhawk9]

Concerning how you can't spell Aviation correctly

[@MrBibi86]

*If the problem was funding the Australian government should have stepped in and purchased it and maybe expanded it so we could actually have some competition in this country*

[@alexlong3714]

Taxpayers' money used to run an airline is NEVER a good idea. Why would the, then Government sold Qantas?

[@FreddyJong-co6cb]

Bonza living the dream😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

[@alexlong3714]

Until their American backers pulled the plug. !!