
Flybondi, Argentina’s first budget airline, has a new main owner. COC Global Enterprise, an investment fund based in the United States, recently bought a big share of the company. This move comes after Flybondi faced months of serious problems, including many delayed and canceled flights. Flybondi started flying in 2018 and quickly became popular for its cheap tickets on local and some international routes. The company plans to bring in new money, add more planes, and improve Flybondi’s flight schedule.
SOURCE: RIO TIMES
https://www.riotimesonline.com/u-s-investor-steps-in-to-rescue-argentinas-low-cost-airline-flybondi/