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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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AI fears rattle global markets and investors

AI developments cause market volatility, with European software and US tech firms facing significant declines amid rising uncertainty.

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AI developments cause market volatility, with European software and US tech firms facing significant declines amid rising uncertainty.

Global stock markets are experiencing heightened volatility as concerns about AI disruption sweep across industries. Investors are closely monitoring which sectors could be most affected as the technology continues to evolve.

Recent announcements from major US AI companies sent waves through international markets, highlighting the interconnected nature of global finance and technology. European software giants such as Dassault Systèmes and RELX saw significant declines, underscoring the global reach of AI developments.

UBS analysts warn that the impact of AI disruption could intensify in 2026 and 2027, with potential ramifications for a wide range of sectors.


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One Nation matches coalition as Liberal backing slides

One Nation’s support hits 23%, equaling Coalition; Labor leads at 32% as Liberals reach record low.

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One Nation’s support hits 23%, equaling Coalition; Labor leads at 32% as Liberals reach record low.

One Nation has surged to match the Coalition under Angus Taylor, each claiming 23 per cent of primary vote support. This is the first time the party has tied with the Liberals, signalling a major shift in voter sentiment.

The Coalition’s backing has dropped from 28 per cent in January to a record low, while Labor gains ground with 32 per cent of the vote. Analysts say this could reshape the political landscape ahead of the next election.

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Iran and U.S. restart nuclear negotiations with diplomacy in focus

Iran-US nuclear talks restart; diplomacy favored amidst economic interests and potential energy deals, mediated by Oman, amid high stakes.

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Iran-US nuclear talks restart; diplomacy favored amidst economic interests and potential energy deals, mediated by Oman, amid high stakes.

Iran is pursuing a new nuclear agreement with the United States aimed at delivering economic benefits to both sides, as negotiations restart over its long-running nuclear programme. With tensions simmering for years, both nations are signalling a desire to avoid military confrontation and stabilise the region.

U.S. Secretary of State Marco Rubio says President Donald Trump prefers a diplomatic path forward, while Iran has indicated it is open to compromise in exchange for sanctions relief. The renewed talks mark a significant moment in efforts to de-escalate one of the world’s most volatile geopolitical flashpoints.

Oman is mediating the discussions, which are focused exclusively on Iran and the United States, even as Washington increases economic pressure and Tehran promotes potential deals in energy and mining to sweeten the negotiations.

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