Flybondi is preparing a creditor-protection filing in Argentina as its financial and operational crisis worsens, with Buenos Aires court action already under way over tax debt and multiple creditor claims. The low-cost carrier, controlled by Leonardo Scatturice and operating as FB Líneas Aéreas SA, has faced unpaid salaries, unresolved severance claims from more than 700 former workers and a wave of cancellations.
Recent reporting on 14 August indicated the timing of the filing was under active discussion, with the focus shifting from whether the move would happen to when it would be submitted. The prospect of a concurso preventivo would freeze part of the debt burden and open a restructuring process, while also affecting how existing bankruptcy petitions are handled in commercial court.
The pressure intensified after a court ordered freezes on Flybondi bank accounts following a tax collection case brought by ARCA for about ARS 1.525 billion in principal, rising to roughly ARS 1.754 billion with interest and costs. The airline is also under regulatory strain in Brazil, where ticket-sales restrictions were tightened after it failed to meet reliability requirements. A follow-on report on 18 August said the carrier’s website had stopped working and repeated that it had not been flying for days.