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[BUSINESS] · Argentina, Brazil · 5 sources

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Flybondi hit by 75% July cancellations and bans in Argentina, Brazil

In July, Argentine low‑cost carrier Flybondi cancelled roughly 75% of its scheduled flights, with 2,081 of 10,204 services suspended and the active fleet shrinking to about three aircraft per day. The crisis prompted Senator Mariana Juri to request a report from the aviation regulator ANAC, citing cancellations that rose from over 20% earlier in the year to more than 75% domestically.

Brazil's National Civil Aviation Agency (ANAC) imposed a precautionary measure restricting Flybondi ticket sales to Florianópolis, Maceió and Salvador and set an August 3 deadline for the airline to regularise operations on the Buenos Aires–Rio de Janeiro route. Meanwhile, Flybondi’s owner COC Global announced a July 31 internal audit deadline, a $70 million cash injection, leadership changes and a possible rebranding to “OCA Air”. The airline also faces union complaints over unpaid wages and social security contributions, and ongoing financial obligations to fuel suppliers, leaseholders and Argentine authorities.

Entities

Brazilian National Civil Aviation Agency (ANAC) · COC Global · Flybondi · Leonardo Scatturice · Mariana Juri

Sources

about 1 month ago
about 1 month ago
Has Flybondi's D-Day arrived? [www.aviacionline.com]
about 1 month ago