Viva Air airline suspends operations

Dergam Mousa

2 years ago

Viva Air announced Monday night, through a press release, that it is suspending its operations immediately.

The airline announced that the decision of the Civil Aeronautics to accept as interested third parties five airlines in the evaluation process of the low cost integration with Avianca, “will result in further delays in making a decision, so Viva is forced to announce, unfortunately, the suspension of its operations with immediate effect”.

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Viva stated that while operations are suspended, it will continue negotiations with creditors under the procedures of Decree 560 -PRE-, and will work to preserve its ability to resume operations at a future date, assuming the Civil Aeronautics immediately approves the pending alliance.

“After more than seven months of delays by the entity, Viva has presented numerous evidences to the Colombian Government to demonstrate that it is in a critical financial situation, assuring that the only way it can continue flying is for the Civil Aeronautics to allow it to become part of a stronger and well-capitalized group of airlines. Instead, its decision today calls into question the future of low-cost air service in Colombia and jeopardizes the jobs of more than 5,000 Colombians who directly and indirectly depend on Viva,” the airline adds in the statement.