Citi’s Bonza links emerge in emails showing overdue invoices
Ayesha de KretserSenior reporter
Citi is among lenders with exposure to Bonza’s aircraft lessors and its struggling Miami private equity owner 777 Partners, with leaked emails showing the Wall Street investment banking giant nervous about payments.
The Australian Financial Review reported on Monday that 777, its main financier, A-Cap, and the aircraft lessors AIP Capital appeared to be co-ordinating decision-making about Bonza, the low-cost carrier which only began flying early last year.
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