Flybondi Presented Himself in Preventive Contest to Deal with His Debt
9 Articles
9 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 airline initiated a judicial process to negotiate with its creditors in the midst of a deep financial and operational crisis.
La low cost reduced its fleet from 13 to 3 aircraft and has not been operating for 57 days. About 1,000 people left the company between layoffs and voluntary withdrawals and accumulates 27 rejected checks for more than $2.9 billion. Flybondi presented himself in a pre-emptive creditor contest after months of a crisis that ended with the airline completely paralyzed. The low cost has been 57 days without making a single flight, reduced its fleet …
The airline has been almost paralysed for a few months. Its debt amounts to more than 120 million dollars. Read more
The low cost airline initiated the judicial process to renegotiate its debts. The file was handled by Commercial Court No. 24.
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