Flybondi, once the poster child for Argentina’s low-cost aviation revolution, has effectively ground to a halt.
The carrier canceled all scheduled flights for Thursday and Friday, reducing its operations to a bare minimum just as the country enters its peak winter holiday travel season.
The hotel alleges unpaid services totaling more than $660 million, a claim that highlights the carrier’s deepening liquidity crisis.
The drastic cut in capacity underscores the severity of the airline’s operational and financial distress, marking a stark contrast to its market-leading position only a year ago.
The suspension of services comes amid intensifying legal and financial pressure.
Flybondi is currently facing a formal bankruptcy petition filed by Hotel Presidente, a prominent four-star property in Buenos Aires.
The hotel alleges unpaid services totaling more than $660 million, a claim that highlights the carrier’s deepening liquidity crisis.