Avianca: Anac suspends the activities of the Brazilian carrier
The company is subjected to a bankruptcy restructuring procedure cause of the financial difficulty
The Brazilian civil aviation agency (Anac) has suspended all operations of the carrier Avianca, as a "precautionary measure". The agency has announced that flights are suspended until the carrier proves that it can keep its assets safe. In December 2018 the airline presented a request for bankruptcy protection in case of bankruptcy. Due to the non-compliance with the leasing contracts, it was forced to cancel more than a thousand flights: currently it managed a traffic of 37 flights a day with the few planes left available.
The employees went on strike several times due to the non-payment of salaries, but the carrier stated in a note that it wanted to proceed with the restructuring and restore the normal flow of operations, adding that it was ready to comply with local regulations regarding refunds and rebooking.
The Avianca Brazil (officially Oceanair Linhas Aéreas S/A) carrier, with main bases in the international airports of Brasilia and San Paolo, is owned by Synergy Group, but is not part of the Colombian subsidiary of the Avianca Holdings Group, despite having used identical names and brand. The same Avianca Holdings has recently declared to be worried about the conditions of its Brazilian subsidiary, because even if the two companies are not directly connected, the current situation causes damage to the image of the entire Avianca brand, which works in the most Latin American countries and in several Central American ones.
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