FlyBondi launches three‑month salary cut and rotating suspension plan amid financial crisis

Argentina’s low‑cost carrier FlyBondi announced a three‑month adjustment programme for June, July and August that will cut flight‑ and cabin‑crew salaries to 70 % of previous levels and implement rotating staff suspensions. The measures, agreed with the company‑created ATAF union, also include a voluntary exit option and a re‑allocation of the fleet and redesign of routes to preserve operational safety.

The plan follows a series of setbacks: the recent resignation of CEO Paz Lovisolo, the purchase of the airline by businessman Leonardo Scatturice, a reduction of the active fleet to two or three aircraft, and a sharp rise in cancellations (over 46 % of scheduled flights in May) and on‑time performance (26.6 %). Transport firm Manuel Tienda León has filed a lawsuit demanding 122 million Argentine pesos for alleged unpaid services. FlyBondi hopes the adjustment will stabilise its finances and restore service reliability.

The airline, which began operations in 2018, had previously pursued rapid expansion but the change in ownership in 2025 and subsequent operational difficulties have left it financially strained.