Low cost Argentinean flybondy You will invest 1.7 billion US dollars In the coming years to buy 35 aircraft It will renew and expand its fleet, with the aim of reaching new markets, such as destinations in Latin America and the Caribbean. This announcement was made by the company’s CEO, Mauricio Sanna, who indicated that the investment is the responsibility of the main shareholder. COC Global FoundationWritten by Leonardo Scatoris.
“We are working with Airbus and Boeing to add 35 aircraft from the factory in the next five years. This is an investment agreed with the major shareholder of US$1.7 billion. 20 Airbus A220-300 aircraft and 15 Boeing 737 MAX 10 aircraft. “This will allow us to grow and reach Latin America and the Caribbean with new aircraft, with new features and services, and we will reduce emissions,” SANA said in a virtual press conference, describing the news as the most important for the company, which is now eight years old.
Currently, Flybondi’s fleet stands at 14 Boeing 737-800 NG aircraft and the idea is to have 35 by 2030. Deliveries will begin in 2027.
When Sanaa was asked about financing, she said so COC Global will lead the investment rounds and will be responsible for negotiating with the companies. Financial management will be in their hands and it has not been made clear whether global banks will also participate.
Aside from this acquisition, Sanaa confirmed this They will continue to use the ACMI method Leasing aircraft and crews in peak seasons allows them to grow quickly and reduce operations when demand declines.
Regarding the 35 contracts with Airbus and Boeing, the executive indicated that the terms are purchase, not leasing, and that 25 of them are fixed and 10 are options. However, he added that his goal is to be able to access all 35 options.
Regarding potential investments in the ramp business – the company provides the service itself and provides it to third parties – he explained that it will diversify to develop capabilities that will allow it to service Airbus A220 and Boeing 737 MAX 10 aircraft.
finallyHe ruled out that they would evaluate a merger with a larger group They stated that they would try to remain independent.
“Today we take a historic step for FlyBondi. Investing $1 billion in integrating new aircraft reaffirms our commitment to the growth of the region. This decision enhances its operational capacity, promotes the generation of thousands of jobs and improves connectivity between countries and cities, boosting the economy and creating new opportunities for all. He added: Investment is secure, and today we believe in the future more than ever before. Leonardo Scatoris, Chairman and CEO of COC Global Enterprise, In a press release issued after the meeting.
COC Global Enterprise is an American investment fund focused on the technology and private aviation sector and became the majority shareholder of Flybondi last June. The amount for which the operation was carried out was not reported.
Skatoris was at the center of the storm a few months ago because the plane he owned that entered the country would not have been subject to customs control. On board the Bombardier 5000 was Laura Belén Arrieta, a member of the organizing committee of the Conservative Action Political Conference (CPAC) and COO of OCP Tech, another Scatturice company.