In the end, it was all but inevitable – after losing its planes, cancelling its flights, sacking its staff and failing to find a buyer, Bonza is no more, with creditors making the decision to wind up the airline and put an end to what were once lofty dreams of bringing low-cost airfares to destinations that had never seen them before.

As its purple tails join those of Ansett, Tigerair, Compass and hundreds of others on the Australian aviation ash heap, what will become of Bonza's former routes? Should we expect to see more rivals like Jetstar step in to pick up where it left off?

Adam and Jake discuss the fallout from, and reasons for, Bonza's demise.

Plus, who will be the next CEO of Virgin Australia? Could a controversial codeshare partner step in to take a stake in our second biggest airline group?