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Avianca Brasil: 10 airplanes grounded for missed payments

Decision of the court of appeal of San Paolo

The São Paulo Court of Appeal revoked the order that allowed Avianca Brasil to continue to use 10 of its aircraft for which it had been requested to be grounded by the proprietary companies, due to the default of the company in serious economic difficulties. A decision that could create new problems for the airline that is going through a period of corporate restructuring so that it can be sold and...

M/A - 1219986
São Paulo, Brazil, 03/19/2019 15:14
AVIONEWS - World Aeronautical Press Agency

AirlinesAvianca Brasil will be divided into seven parts that will be sold at auction

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The bankrupt airline Avianca Brasil will be divided into seven parts that will be sold separately at auction. Regional rivals LATAM Airlines and GOL Linhas Aereas Intelligentes announced yesterday that... more

AirlinesAvianca Brasil: Elliott fund will finance recapitalization

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