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Bonza CEO’s big plans after bumpy start for airline

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It’s been six months since Bonza launched, promising low cost flights between regional cities. But as CEO Tim Jordan tells Ticker’s Ahron Young, it hasn’t been all clear skies.

Start an airline, they say. Fourteen years after originally having the idea for Bonza, Tim Jordan is still navigating Australia’s notoriously difficult aviation market.

And the recovery from the pandemic isn’t helping. From delays in securing airline parts, to dealing with staff shortages, Bonza is trying to build a reputation as a positive force in the airline industry, while battling against the realities of flying.

Bonza launched in Australia with four aircraft on nearly 30 routes, but after six months, they have had to pull back to three (and a half) aircraft, while reducing routes by five.

Bonza CEO Tim Jordan acknowledges the rocky start but says more aircraft due to enter service by the end of the year will help the airline with its growth strategy.

“It was a great idea 14 years ago, and it’s an even better idea now,” says Jordan.

“Certainly, we, we, as an airline, we as a business, all of us within the airline, we aspire to do things very well.

“As, you know, the definition of Bonza is a great thing well executed. We cannot be Bonza if we don’t deliver Bonza.

“And with that in mind over the last couple of months, we probably let ourselves down and let our customers down. And very importantly, Team Bonza are as well.”

Making it right

Jordan says it’s an issue which the team is urgently addressing.

“That’s not something we’re very comfortable with. So what we put in place last week, was we’ve effectively been flying with our four aircraft. We’ve been flying about three and a half aircraft worth schedule.
Unfortunately, when you lose an aircraft because of a bird strike or because of because of a mechanical issue, you don’t lose half an aircraft, you lose a whole aircraft.”

Jordan says the company has decided to withdraw from some routs so the airline can focus on punctuality and reliability.

“So what we’ve effectively done is pullback our scheduled operations from three and a half aircraft back down to three. That gives us the dedicated spare aircraft that we need for it for times of disruption when we need to make sure customers get on their way in a timely way and we deliver to our customers but also to our crews.”

 

 

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Iran live updates: Trump claims Khamenei dead as Iran insists he remains in command

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U.S. and Israel strike Iran as missiles hit Gulf bases and oil surges

U.S. and Israel launch major military operation against Iran; tensions rise as conflict escalates, impacting global markets.

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U.S. and Israel launch major military operation against Iran; tensions rise as conflict escalates, impacting global markets.

The United States and Israel have launched a sweeping military operation against Iran, striking leadership targets and more than 500 military sites in what President Trump has dubbed Operation Epic Fury.

Explosions have rocked Tehran, with civilians fleeing the capital as U.S. sea and air assets carry out sustained attacks. Washington says the mission is designed to prevent a nuclear armed Iran and has even called on Iranians to rise up against the regime.

Iran has retaliated with a barrage of missiles and drones targeting Israel and U.S. bases across the region, including in Qatar, Kuwait, the United Arab Emirates and Bahrain. While many projectiles were intercepted, a U.S. base in Bahrain sustained damage.

Gulf states long seen as stable hubs for global business are now directly in the firing line, raising fears of a wider regional war.

Oil prices are climbing and tankers are diverting from the Strait of Hormuz as markets react to the escalating conflict. U.S. aircraft carriers, advanced fighter jets and missile destroyers remain in position, signalling more strikes could follow.

With global leaders scrambling diplomatically, the world is watching to see whether this spirals further or shifts back to negotiations.Download the Ticker app

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Iran warns ships to avoid Strait of Hormuz

Iran warns ships to avoid Strait of Hormuz amid rising tensions and military buildup in the region

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Iran warns ships to avoid Strait of Hormuz amid rising tensions and military buildup in the region

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In Short:
– Iran’s Guard Corps advises ships to avoid the Strait of Hormuz due to rising tensions.
– Tankers have diverted to Qatar and UAE amidst concerns over safety and potential Iranian threats.
Iran’s Islamic Revolutionary Guard Corps has instructed ships to avoid the Strait of Hormuz, a crucial shipping lane linking to the Persian Gulf. About a hundred merchant vessels transit the strait daily, according to the U.S.Tensions have escalated recently as the U.S. increased military presence in the region and Iran issued threats. Western nations are concerned about Iran potentially laying sea mines to disrupt commercial traffic. Currently, no evidence suggests Iran has mined the strait.

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Ships have been repeatedly warned against entering the strait, as stated by crews in the area and the European Union’s naval command, Aspides. On Saturday, dozens of tankers diverted, with some seeking refuge in Qatar and the United Arab Emirates while others opted to steer clear of the region, as reported by oil brokers and shipowners.

Shipping Concerns

Tensions continue to impact shipping operations as carriers remain cautious in the Gulf region.

Tanker crews reported hearing explosions near Iran’s Kharg Island, which is vital for the country’s oil exports, as it handles 90% of its crude oil shipments.


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