Banaa Wings has won the Nova Award for Best Fanzine five times. It has also won the FAAn Award for Best Fanzine twice, in 2007 and 2010. It has also been nominated for the Hugo Award for Best Fanzine. It has been published from the 1990s and throughout the 2000s.
While many of the contributors are British such as Tanya Brown, Graham Charnock, Dave Langford (Ansible), Max, Catherine Pickersgill, Greg Pickersgill (Rastus Johnson's Cakewalk), Yvonne Rousseau, and Maureen Kincaid Speller, Banana Wings enjoys a readership on both sides of the Atlantic and in Australia.
Other contributors include Michael Abbott, Sandra Bond (QuasiQuote), rich brown (crifanac), Cardinal Cox, Chris Garcia (The Drink Tank, Journey Planet), John Hertz, Tony Keen, Paul Kincaid, Robert Lichtman, Curt Philips, David Redd, Andy Sawyer, James Shields, Steve Stiles, Shelby Vick (Confusion), and Taral Wayne (DNQ)