Flybondi is confronting a formal bankruptcy petition filed by Hotel Presidente, a prominent four-star property in Buenos Aires, over unpaid services totaling more than $660 million.
The legal action marks a significant escalation in the financial distress facing the Argentine low-cost carrier, which has been grappling with mounting operational and liquidity pressures.
The hotel, owned by Aldo Elía, claims the airline has failed to settle 49 invoices covering the past seven months.
The filing seeks to force the carrier into insolvency proceedings to recover the outstanding balance, adding to a growing list of creditors pressing for payment as Flybondi's cash position deteriorates.
This development underscores the severity of Flybondi's ongoing crisis.
The airline has faced intense scrutiny from investors and regulators alike as it struggles to maintain solvency amid a challenging macroeconomic environment in Argentina.