The Superintendent of Transportation, Ayda Lucy Ospina, asked the Superintendence of Companies to initiate a business reorganization process for Viva Airthat last February 27 suspended its operations in the country.
As he explained, this process is necessary because The airline presents a critical economic and administrative situationthat directly affects the provision of the public air transport service and the users of said service.
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In addition, SuperTransporte was able to impose the airline control measure so that it can take measures tending to overcome the critical situations that gave rise to the imposition of this measure.
With these measures announced, Superintendent Ayda Lucy Ospina assured that it is sought that Viva Air can restore its activities and can respond to all creditors.
With the submission to control, Viva Air must comply with the following special measures:
1. Submit a Recovery and Improvement Plan through which actions are taken to resolve the critical situations that gave rise to the imposition of the measure. For which, a period of two days will be granted, counted from the notification of the resolution.
2. Orders a necessary information report that allows determining the administrative body or external agent that made the administrative and operational decision to suspend the provision of the public air service and the technical, administrative and financial analyzes on which the decision was supported.
3. The administrators of Viva Air, in the process of business recovery, are ordered to refrain from carrying out acts contrary to the Law.
4. The airline is ordered to restore the administrative headquarters and the services associated with them, within three calendar days, from the notification of the administrative act. Notwithstanding the administrative order issued by the Directorate of Investigations of the Delegation for the Protection of Users of the Transport Sector.
5. It urges Viva Air to, within the business day following the execution of this administrative act, define the status of issued and confirmed reservations for passengers.
6. Said airline is warned that any statutory reform must be submitted to SuperTransporte for it to authorize its solemnization.
7. Viva Air is warned that as of the notification of this administrative act, administrators and employees are prohibited from establishing guarantees that fall on the company’s own assets, alienations of assets and that do not correspond to the ordinary course of business, without prior authorization from this Superintendency.
8. The airline is warned that it must keep the liability received for the resources collected from the advance sale of tickets, ticket holders and non-regular passenger aviation, of which it must present a report within three calendar days and, thereafter, the last business day of each month, until the conditions that gave rise to this decision are exceeded.
9. The submission to control of Viva Air will be in force until the situations that gave rise to the imposition of the measure are overcome.
