New 'Bonza' LCC launches middle 2022 with B737 MAX

[PoppaJo]

Well that will add a few extra CASA months on, plus another thousand questions from them.

[Icarus2001]

They will be lucky to be operating by the end of this year by my calculation.

[aviator's_anonymous]

looks like trouble in paradise before the honeymoon even started...
https://australianaviation.com.au/20...lanned-launch/

[Paragraph377]

Originally Posted by aviator's_anonymous

looks like trouble in paradise before the honeymoon even started...
https://australianaviation.com.au/20...lanned-launch/

Oh dear. That won’t instill confidence in staff, the public, CASA. And he wasn’t part of the founding of Virgin Blue. He was an operations controller. Nothing noteworthy. Perhaps some of those costings, like oil hitting $116 per barrel wasn’t factored into their operating model? Either that or he has taken an early parachute as he knows what’s coming. Very shaky ground me thinks.

[coaldemon]

Sorry Morno it is a first of type in Australia

[AerialPerspective]

Originally Posted by Paragraph377

Oh dear. That won’t instill confidence in staff, the public, CASA. And he wasn’t part of the founding of Virgin Blue. He was an operations controller. Nothing noteworthy. Perhaps some of those coatings, like oil hitting $116 per barrel wasn’t factored into their operating model? Either that or he has taken an early parachute as he knows what’s coming. Very shaky ground me thinks.

Correction. I think he was an Ops Controller at Hazelton in fact, not DJ - may have gone to DJ eventually but I'm pretty sure he was still at ZL when DJ started and until AN collapsed.

[MickG0105]

Originally Posted by AerialPerspective

Correction. I think he was an Ops Controller at Hazelton in fact, not DJ - may have gone to DJ eventually but I'm pretty sure he was still at ZL when DJ started and until AN collapsed.

He started out at Hazelton but was at Virgin before they started flying ops, well before Ansett went under.

[Sparrows.]

Career history published online, rather than relying on memories.

https://au.linkedin.com/in/petermcnally

[SHVC]

With oil heading north of $120 US a barrel now could potentially reaching $150 I can’t see Bonza getting off the ground now. Offering $50 fares short flight to marginal at best destinations. The oil price will dampen QF, VA progress and will have big effects on Rex expansion as they all want to maintain cheap tickets, I noticed it big time today an extra $35 to fill my car! Inflation at 3.5% with sharp increases with no letting up.

[Paragraph377]

Originally Posted by MickG0105

He started out at Hazelton but was at Virgin before they started flying ops, well before Ansett went under.

Correct mate. He was there from the beginning as an Ops controller, nothing more.

I still find the word ‘founding’ to be subjective. Godfrey, Sherrard, Highfield and a few others were the founders of the airline. If McNally was a ‘founder’ he would’ve received a nice bundle of shares at the floating of VB and pocketed many millions. He didn’t.

[Paragraph377]

Originally Posted by SHVC

With oil heading north of $120 US a barrel now could potentially reaching $150 I can’t see Bonza getting off the ground now. Offering $50 fares short flight to marginal at best destinations. The oil price will dampen QF, VA progress and will have big effects on Rex expansion as they all want to maintain cheap tickets, I noticed it big time today an extra $35 to fill my car! Inflation at 3.5% with sharp increases with no letting up.

We are in for tough times. High inflation and oil prices higher than 2014. Not only will it impact aviation fuel it will also impact Mum and dad travellers. I would love to see the hedged and unhedged fuel figures for VA, QF and REX. And it would be interesting to see what Bonza have locked in. If oil prices remain this high, or higher, over an extended period of time, the aforementioned airlines are going to have their asses ripped out of them. Incidentally, the last time oil spiked like this was 2008. Our rigged markets have been building up to a meltdown since the previous GFC. We are getting closer to the bubble bursting.

[PoppaJo]

Here is some hedging data for the next 12 months. Amazing to see that the USA big players are not even hedged at all. Although Delta owns a refinery! Ryanair took a punt it seems, looks set to pay off.

I would assume Bonza is zero hedged. Virgin will remain a mystery while they sit in PE hands. Qantas looks like it will start to feel the pain 2023 onwards.

https://www.reuters.com/business/aer...es-2022-03-07/

[On eyre]

Ground handling costs (equipment and casual staff) for some of their once, twice or three times a week new or even current destinations are not likely to be cheap either.

[AerialPerspective]

Originally Posted by MickG0105

He started out at Hazelton but was at Virgin before they started flying ops, well before Ansett went under.

Ok. I stand corrected. For some reason I thought he didn’t move until later.

[Paragraph377]

Originally Posted by PoppaJo

Here is some hedging data for the next 12 months. Amazing to see that the USA big players are not even hedged at all. Although Delta owns a refinery! Ryanair took a punt it seems, looks set to pay off.

I would assume Bonza is zero hedged. Virgin will remain a mystery while they sit in PE hands. Qantas looks like it will start to feel the pain 2023 onwards.

https://www.reuters.com/business/aer...es-2022-03-07/

Thanks poppa, that’s a good article, even though it only covers a couple of the majors. Traditionally Qantas has been pretty good at hedging at the right rate. VB in its early days made some colossal screwups, but of course M. Gill was part of ‘Brett’s Club’ so nothing happened to him. No surprise there. I think that Lady Jane will hopefully be a little bit smarter. Who knows.

A few days ago oil spiked at $126 US per barrel. The economic sanctions against Russia are going to deliver a world of pain at the motorist bowser and at the aeroplane fuel truck, so to speak. Inflation is also going to take another hammering. The economic situation has been boiling before the Ukraine ‘invasion’ started. It’s going to take a miracle for this start up carrier to survive under current conditions, and that’s before the first flight is even launched. Huge oil spikes often precede economic turmoil. In 1986 oil prices dropped to around $12 per barrel and rose to $18 per barrel in 1987 before the crash of 87. In 2007 oil prices dropped to around $69 per barrel before hitting $94 per barrel in 2008 before the crash of 08. In 2021 barrel prices were $69 and this month they are hovering $120 per barrel. There is an economic **** storm coming. The impending collapse of the current house of cards going to be epic.

[A320 Flyer]

Someone get that guy a noose

[Paragraph377]

Originally Posted by A320 Flyer

Someone get that guy a noose

Someone get Dorothy her magical slippers.

[PoppaJo]

Tamworth to Tulla and the Sunny coast.

Far out I reckon Ballarat you’ve got a chance here.

[tossbag]

Far out I reckon Ballarat you’ve got a chance here.

I reckon they're a big chance, council wants it and are gunning for airport grants. A chance to put those Bendigo clowns in their place with their pissy Dash 8 ops.

[Traffic_Is_Er_Was]

Ballarat to where though? Where's a city pair link to the 'rat that needs 737 capacity. I don't think it's got even piston regional to anywhere does it?