While Avianca Brasil’s slots may have been auctioned last week, the discussion may not yet come to an end. As legal uncertainty looms over the validity of this auction, the slot sale could be reverted.
Avianca Brasil’s story appears to be approaching its end. Last Friday Brasil’s National Civil Aviation Agency (ANAC) suspended the airline’s concession of regular air transport operations, which included passenger and cargo flights. According to the
The government of Brazil has suspended operations of the troubled Avianca Brasil. The decision came into effect on Friday, with the airline acknowledging the government’s decision. The reason for the suspension was given as unspecified
This week has seen Avianca Brazil recurrently making headlines in the airline world. On one hand, lessors have been allowed to pursue aircraft repossession by Brazilian’s civil aviation authority ANAC, following a favorable court ruling
With an impending fleet loss of 20 percent of its aircraft, Aviance Brazil has filed for bankruptcy. A Reuters report issued over the weekend claimed that a Brazilian court threatened to take away 20 percent of Avianca