The Minister of Transport spoke about the future of Viva Air: “Either the integration is accepted, or it will definitely go into liquidation”

the future of live air, the low-cost Colombian airline that ceased operations on the night of Monday, February 27, will be defined in the coming days. This was confirmed by Guillermo Reyes, Minister of Transportwho announced that he was asking the Civil Aeronautics (Aerocivil) an urgent decision on the airline, to refuse or approve the integration with Avianca.

in dialogue with W Radiothe head of the Transport portfolio recalled that in recent days the The superintendence of transport has subjected the airline Viva Air to controlwith the end of “protect the rights of passengers and travel agencies”.

According to the senior official, with these measures, the evaluation of which will take between 1 and 3 days, they will seek to determine “If there should be a intervention in the administration of the companywhich is added to a request made by the Superintendence to start the process of reorganizing the activities of Viva”.

As a final point of his interview with the same radio station, the Minister of Transport criticized the low-cost company for not having offices where its passengers can make their respective complaints. “What the decision of the Superintendence says is that Viva must show its face, set up offices where it responds to people”concluded the senior official.

Statements by Minister Reyes were delivered after the afternoon of Monday, March 6, the transport superintendence announced in a press release that it was taking control of live airlegally known as Fast Colombia SAS, in Disaster recovery process.

By Resolution 705 of March 3, 2023SuperTransporte has also requested “from the Superintendence of Companies the admission in corporate reorganization, for presentation of a critical economic and administrative situation, directly affecting the provision of the public air transport service and the users of said service”.

With the submission to the control, the entity explained that it had ordered the implementation of a series of special measures against the airline, among which the presentation of a Recovery and improvement planwhereby “measures are taken to overcome the critical situations which gave rise to the imposition of the measure”.

For the presentation of said Recovery and Improvement Plan, in accordance with the Superintendency of Transport, the airline will have a period of two days to exhibit itthat is to say until the next Wednesday, March 8.

Regarding the remaining seven special measures that the Superintendence of Transport has imposed on Viva Air, the entity explained that they are:

– A report of the information necessary to determine the administrative body or the external agent who took the administrative and operational decision to suspend the provision of the public air service.

– The administrators of Fast Colombia SAS in the Business Takeover Process are summoned to refrain from committing acts contrary to the law.

– The airline is ordered to return the administrative headquarters and the services associated with it, within three (3) calendar days of notification of the administrative act.

– Orders Fast Colombia SAS as part of the process of resuming activities, to define the status of reservations issued and confirmed for passengers within the working day following the execution of this administrative act.

– Said airline is informed that any statutory reform must be submitted to SuperTransporte for it to authorize its formalization.

– Directors and employees are prohibited from setting up guarantees that fall on the company’s own assets, alienation of assets and operations that do not correspond to the normal course of business, without the prior authorization of this Superintendency.

– The airline is warned that it must retain responsibility for the resources collected from the advance sale of tickets, ticket holders and non-scheduled passenger aviation, of which it must submit a report within three ( 3) calendar days and, hereinafter, the last working day of each month, until the conditions that motivated this decision are exceeded.

Finally, the Superintendence maintained that the submission to control of Viva Air will remain “in force until the situations that gave rise to the imposition of the measure are not overcome”.