Transbrasil has temporarily ceased its operation
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Transbrasil has temporarily ceased its operation
News from Southern hemisphere.
Brazilian flag carrier Transbrasil accepted the inevitable and temporarily ceased its operation due to lack of funds. Managers are looking for a new strategy to keep airline operations with debts of more than U$ 350 million. Its fleet of 5 B737 and a couple of E120 from its subsidiary Interbrasil are grounded since last night (in January Transbrasil had 20 airplanes). Workers have not received a regular salary for a long time (their last payment was 30% of September salary recently paid), many employees are waiting for their severance pay and fuel suppliers no longer refuel its fleet.
Exactly 10 years ago it was Pan Am.
A bad year for commercial aviation...
Brazilian flag carrier Transbrasil accepted the inevitable and temporarily ceased its operation due to lack of funds. Managers are looking for a new strategy to keep airline operations with debts of more than U$ 350 million. Its fleet of 5 B737 and a couple of E120 from its subsidiary Interbrasil are grounded since last night (in January Transbrasil had 20 airplanes). Workers have not received a regular salary for a long time (their last payment was 30% of September salary recently paid), many employees are waiting for their severance pay and fuel suppliers no longer refuel its fleet.
Exactly 10 years ago it was Pan Am.
A bad year for commercial aviation...
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