Brazil Suspends Operations of Airline Avianca Brasil

Brazil’s civil aviation regulator ANAC said on Friday it had suspended all flights and operations of carrier Avianca Brasil in the country as a precautionary measure, following the company’s filing for bankruptcy late last year, Reuters reported. “All the flights are suspended until the company proves it has the capacity to maintain operations safely,” ANAC said in a statement. Avianca Brasil has filed for bankruptcy protection and lost most of its fleet after lessors obtained favorable court decisions to take aircraft back for lack of payments. It is still trying to reach a deal to sell remaining assets. The carrier, which is controlled by the same holding company as publicly traded Colombia-based Avianca Holdings SA, was operating around 30 flights per day using the planes it had left. ANAC said, without elaborating, that it took the decision after receiving information regarding the operational safety of Avianca Brasil flights. Read more

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