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View Full Version : GECAS lease termination partially grounds Avianca Brasil fleet


rotor-rooter
18th Jan 2019, 16:19
Seems to be lots of activity relative to this.
https://www.reuters.com/article/us-avianca-brasil-bankruptcy/brazil-regulator-moves-to-ground-20-percent-of-avianca-brasils-fleet-idUSKCN1PC01L

Longtimer
18th Jan 2019, 18:44
Seems to be lots of activity relative to this.
https://www.reuters.com/article/us-avianca-brasil-bankruptcy/brazil-regulator-moves-to-ground-20-percent-of-avianca-brasils-fleet-idUSKCN1PC01LBrazil aviation regulator will no longer ground 10 Avianca Brasil planesBrazil aviation regulator will no longer ground 10 Avianca Brasil planes1 MIN READ



SAO PAULO (Reuters) - Brazilís aviation regulator ANAC said on Friday it would no longer ground 10 planes operated by Avianca Brasil, which represented 20 percent of the struggling carrierís fleet.

ANAC had said on Thursday that it was grounding the planes at the request of its owner, lessor GE Capital Services. Avianca Brasil filed for bankruptcy in December after falling behind on lease payments on the planes it operates