Airline had filed for bankruptcy in 2018, but unable to afford $ 500 million in debt, abandoned recovery plan

In bankruptcy protection, airline maintains seven leased A318 at airports in Brazil even without flying since May

On the same day, United Airlines dismissed German Efromovich, president of Avianca Colombia, the group's main airline

Brazilian airline lost about 27 aircraft in recent weeks and now only operates at four airports

Airline was established in 2017 but currently only flies to two destinations. Union reports late payment of wages

Creditors accepted a proposal that separates the assets of the airline to raise more money in the auction that is expected to occur in the coming weeks

Future of the company depends on the approval of your recovery plan that will be presented to the creditors at the end of the month

Airlines have signed an agreement to transfer 70 slots, 30 aircraft and air operator certificate for $ 105 million

More efficient, latest models from Airbus and Boeing bestsellers have motivated Azul and Gol to enlarge their fleets earlier than planned

The airline will close almost all international flights by returning its A330 aircraft. Brazilian civil aviation agency confirms return of 10 A320 aircraft from leasing company GECAS