New low-cost Australian airline is called Bonza and the first aircraft has been named Shazza

A new low-cost airline is coming to Australia and the name is bloody incredible.

Bonza is the new company taking over Down Under and you can expect to find decent flights all around the country.

While airlines usually name their planes after something iconic, Bonza has decided to dig into the rich Australian culture and pull out a brilliant moniker.

They relied on the power of the people to come up with something arguably better than Planey McPlaneFace.

The company wrote on their Facebook page: "Aussies sure love a nickname and you gave us loads of suggestions when we asked for your help to name the plane."

News Corp reports loads of people pitched in with their ideas, with some people suggesting 'Sunny', 'Purple Rippa', 'Sunny Boy' and 'Digger'.

However, Bonza found an absolute gem and decided to go with it.

"So today, we're excited to announce our brand new purple beauty's name is... Shazza!" the airline wrote. "It doesn't get anymore Aussie than that."

The airline is set to launch in October and will be Australia's 'only independent budget airline', according to nine.com.au.

They will mainly be flying into 'secondary or regional airports' and will target 'under-utilised leisure market routes not overly dominated by competitors'.

They're promising to offer 'ultra-low airfares' without having to do things like 'frequent flyer programs' or 'lounge access'.

You'll be able to get 8kg of free carry-on luggage, however expect to dig into your wallet for anything over that, depending on the destination.

Finder travel expert Angus Kidman told news.com.au Bonza could help drive down flight prices across Australia.

"Competition is great, and I’ll definitely be sampling some of the cheaper and more unusual Bonza routes at launch," he said.

"But I’ll be OK paying $99 more often than $19."

He added: “Bonza is operating a maximum of five flights a week between any destination pair, so it won’t appeal to business passengers wanting a quick work trip.

"It also isn’t flying any services yet to Sydney, Australia’s largest city."