Viva Air announces the cessation of operations immediately due to financial insolvency

Viva Air announces the cessation of operations immediately due to financial insolvency

As a result of this scenario, the low-cost flight company indicated that more than 5,000 Colombian workers subsisting from Viva.

This situation occurs after the Civil Aeronautics company has made a decision that it affects Viva Air seriously, leaving it in suspense and forcing it to cease its operations immediately.

What happened?

In principle, it was known through a statement from Viva Air, that the Civil Aeronautics company decided to summon other airline companies, as third parties, so that they can evaluate and determine what their final destination will be regarding whether they will join the group. Avianca or not. And it is that the financial state of said company is complicated. Until this decision is known, explains Viva Air, operations will be temporarily suspended.

On the other hand, Viva Air will be focused on continuing the dialogue and agreements with the corresponding entities so that it does not have any more inconveniences and can maintain its workflow in the traditional way. Meanwhile, the ‘low cost’ flight company must solve its financial problems that it has been considering for some time and thus resume operations, as long as it collaborates Civil Aviation with the alliance pending.

What must happen for Viva Air to work normally?

According to the airline’s position, everything will depend on Civil Aeronautics so that Viva Air can be part of the group of airlines that make up this category to function properly. As recalled, for months the Colombian company has already been presenting the records of its internal economic problems to the National Government to support its request for support.

Finally, if there is no agreement with the parties in question, Viva Air points out, more than 5,000 jobs will be affected “directly and indirectly depend on Viva”. The low-cost flight company hopes that the Government can rule on the organization’s financial situation as an ‘exception for companies in crisis’.

Source: Larepublica

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