Flybondi resumes flights as new owner targets former executives for fraud

Flybondi resumed scheduled passenger operations on 16 July 2026, one day after its majority shareholder COC Global Enterprise announced plans to pursue legal action against former executives over alleged fraud and financial irregularities. The US investment fund, led by Leonardo Scaturricce, removed former CEO Mauricio Sana and part of the executive team after a due diligence process initiated in June 2025 uncovered significant discrepancies between reported and actual financial conditions. COC Global’s lawyers are preparing to submit evidence to Argentine justice to initiate proceedings, claiming the previous business plan was sustained by false information and plagued with fraudulent irregularities that harmed shareholders, workers, and passengers. The airline faced its largest crisis since creation, with over a week of massive flight cancellations and suspension of flight crews until 30 September 2026.