Another Low-Cost Airline Files for Bankruptcy Protection
32 Articles
32 Articles
The company that operates under the brand Flybondi seeks to agree with its creditors the restructuring of its liabilities
The procedure was carried out by the Grispo study and fell to the National Court of First Instance in commercial matters No. 24
The low cost has not been operating for almost 60 days. It has the accounts seized, with debts that are around US$ 120 million and several bankruptcy orders. Flybondi appeared in the creditors contest after the massive cancellations of flights since the beginning of the year and that deepened in recent months. According to [...]
Another low-cost airline files for bankruptcy protection
Running its first flights two years after launching in 2016, low-cost airline Flybondi grew quickly into the second-largest airline in Argentina after state-owned flag carrier Aerolíneas Argentinas. A fleet of 15 Boeing 737-800 planes allowed the airline to fly to 23 destinations across Argentina…
After months of cancellations, debts and a sharp reduction in its operation, the low cost Argentina began a process that will determine its future.
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