Low-cost airline Flybondi announced Strong expansion plan Which will seek to expand its operations in the Argentine market and begin to move stronger in markets such as Paraguay, a project that is considering the integration of 35 new aircraft, with an investment of 1.7 billion US dollars.
This strategy seeks to achieve significant growth both in Argentina and in new markets in Latin America and the Caribbean, including Paraguay. A “strategic” destination, in addition to Colombia, the Caribbean and northern Brazil. The new aircraft will be integrated between 2027 and 2030.
To achieve this growth, the company has entered into agreements with key manufacturers: 15 Airbus A220-300 units (with an option for 5 additional units) and 10 Boeing 737 MAX 10 units (also with an option for 5 additional units) will be added. The Boeing 737 MAX 10, which seats 240 passengers, allows the airline to evaluate the inclusion of business class on certain routes, while maintaining its low-fare philosophy.
On the other hand, Flybondi CEO, Mauricio Sanna, emphasized that the company’s intention is to maintain accessibility in terms of prices.
The necessary funds will come to implement this project, according to the company COC Global Foundationwhose chairman and CEO is Leonardo Scatoris, who a few weeks ago officially became the airline’s new majority shareholder, but who has also recently become notorious for being suspected of profiting from contracts with the government of Javier Miley, but was also mentioned in a New York Times investigation because he provided his private plane to Argentine officials to fly to the United States for key meetings that led to a financial bailout in which that country helped Argentina by exchanging US dollars. 20,000 million.
Scatturice was a primary architect From meetings between Argentine President Javier Miley and North American authorities in New York.
The lobbyist also controls OCP Tech SA, among several other companies, which, according to Clarín on June 19, has contracts worth approximately $7 million with ANSES and other organizations, with the Buenos Aires government, the Ministry of National Education and the Buenos Aires Public Prosecutor’s Office.
Last June, Flybondi combined investments from COC Global Enterprise, Cartesian Capital Group LLC and other investors from Argentina and Europe.