Latam offers Viva help to rearrange its passengers - Companies

Due to the pandemic, Viva Air did not go to a financial restructuring and then came the crisis due to the rise in fuel, inflation and devaluation.

Due to the pandemic, Viva Air did not go to financial restructuring and then came the crisis due to the rise in fuel, inflation and devaluation.

The Viva airline leaves 5 planes on the ground and will reschedule flights.

Because the airline Viva Air had to ground five planes due to debts with their lessors, Latam Airlines Colombia offered its seats to rearrange passengers, according to Portafolio.

(Also read: Viva’s competitors will be able to comment on the integration process with Avianca).

“After accepting Decree 560 for the Business Recovery Process, Important negotiations have been held with the owners of the aircraft seeking to reach agreements on how to continue our operation. Despite this, we have been notified by one of them that we must ground, for the moment, five of their planes until further notice in the United States,” Viva said in a communication to its employees that Portafolio learned about.The rescheduling of the low-cost airline would be presented on flights starting tomorrow, February 21.

(Of interest: Avianca CEO is sent against Latam and JetSmart for interest in Viva Air).

What does Latam propose?

The realignment proposed by Latam It would be carried out in the available seats of their flights for the affected passengers, who will have a flight date between February 21 and 27, and who have purchased their tickets before February 20.

This offer was made available to Viva Air Colombia in order to help protect its passengers.

(Also: What makes Viva so attractive that 3 airlines now want to buy it?).

It must be remembered that on February 15 Latam Airlines Colombia expressed its interest in acquiring Viva Air Colombia to the president of Viva Air Colombia and to Castlesouth Limited.

The Colombian subsidiary made this decision after Viva reported its decision to enter the Business Recovery Process (PRE), a mechanism that allows companies to renegotiate their debts with creditors in the context of the effects suffered by the covid-19 pandemic. .