US EditionBlue Concludes Operations in 14 Cities of States Such as Rj, Ce and Sc; See List
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EBC
CartaCapitalThe Blue Air Company reported on this Tuesday (11) the closure of operations in 14 cities. In note, the company said that it has been rationalising, since July, routes currently operated. Related news:Alulu announces financial reorganization agreement. “The adjustments take into account a number of factors that have since increased operating costs of aviation, affected by the global crisis in the supply chain and the high dollar, even issues of …
The measure took place between January and March, shortly before the Blue to request entry into the “Capter 11” process (equivalent to judicial recovery) in May
The company is also adjusting more than 50 routes with margin 17 p.p. below average
The Blue Line announced that it will close operations in 13 cities and disable 53 routes considered less profitable, with a margin of 17% below the company's average. The changes integrate the company's restructuring plan, which is in legal recovery in the United States since May, under the device known as Chapter 11. The expectation is to conclude the process between December 2025 and February 2026. In an institutional presentation published th…
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