Flybondi files for insolvency proceedings following months-long crisis
The low-cost airline has not conducted a flight in almost two months and laid off hundreds of workers La entrada Flybondi files for insolvency proceedings following months-long crisis se publicó primero en Buenos Aires Herald .
Flybondi has filed for insolvency proceedings after a months-long crisis that left the airline completely unable to operate. The decision was made last week and is pending a ruling from the court assigned to handle the case. The low-cost carrier has not flown a single passenger in the past 57 days.
The airline has drastically scaled back its fleet, reducing it from 13 aircraft to just three, all of which are currently non-operational. Flybondi has also laid off hundreds of workers and seen over 900 departures since April, with more than 1,000 families affected by the layoffs and voluntary retirements.
The company faces multiple legal issues, including unpaid wages, severance packages, and liens from bankruptcy petitions. A total of 27 checks totaling more than AR$2.9 billion (US$1.8 million) remain unpaid. The airline's website is currently down, further highlighting the extent of the crisis.
Written by urgent.news from Buenos Aires Herald's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
