Avianca Brasil Files For Bankruptcy, Ends Flights To Miami & New York

Avianca Brasil has been around for over 15 years, though only fairly recently expanded internationally. The airline is currently Brasil’s fourth largest airline. They used to just operate domestic flights, with a fleet of about 50 narrowbody Airbus aircraft.

However, a couple of years back the airline had lofty international expansion goals, and had plans for 10 A330-200s as well as 10 A350-900s to join their fleet over the coming years, so that they could become a global carrier.

Among their international routes were new flights from Sao Paulo to the US, operated using A330-200s:

Unfortunately the airline hasn’t been doing well financially, and in December 2018 filed for bankruptcy. They blamed high fuel prices (at the time) and a strong USD for their issues.

Several of their leasing companies wanted their planes back due to Avianca Brasil’s financial situation, with the potential for 30% of their planes to immediately be repossessed.

On top of that, the airline owed tens of millions of dollars to airports due to lack of payment, and their debt has continued to grow.

So unfortunately Avianca Brasil is getting rid of their A330s (and many other planes), and as part of that, they’re also ending international flying.

Avianca Brasil will be ending flights to Miami and New York as of March 31, 2019. So that means neither route even lasted two years.

Lastly, for anyone who is worried about the value of their Avianca LifeMiles, you shouldn’t be worried (at least for now). While Avianca Brasil is owned by Synergy Group, which also controls Avianca Holdings (which Avianca Colombia is part of), the airlines are run separately, and are in very different financial positions.

Bottom line

It’s unfortunate that Avianca Brasil has been doing so poorly, and in particular that they couldn’t make their international flying profitable.

They were going up against the powerhouse of American and LATAM in both of these markets, so it’s tough to compete with that with a single flight to each city.

Did anyone have a chance to fly Avianca Brasil between Sao Paulo and the US?

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Leeza1 Guest

Yeah, Lucky. Review Avianca Brazil, and from GRU you can take the AZ 777-200 to Rome and the E75 to Milan. Fares R/T are as low as USD1642 w/tax

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MH Diamond

So as usual, "influencers" prove to be anything but.

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Mark Guest

My guess is that they will still fly within Brazil. It will also be interesting to see what happens when the Brazilian government ends the visa requirement for US citizens. Will that help? I've flown on Avianca, Gol and Latam domestically in Brazil and they are pretty much the same. I haven't flown on azul because they have usually been more expensive than the others.

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schar Guest

Ben you should review it before it's too late! Do Avianca on the outbound and try AZUL business on the way back! Two reviews you still dont have. This is sad but not surprising. When they launched the GRU-JFK they invited a TON of famous Brazilian influencers to post about their flight, and now they're going bankrupt...sad. WIll they still fly inside Brasil?

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Noah Bowie Guest

Latam are definitely buying the leftovers

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