Avianca Brazil reportedly filed for bankruptcy protection Dec. 11, stemming from a potential repossession of 21% of its leased fleet. On Dec. 10, US-based lessor Aircastle issued an SEC filing that it had terminated the lease and had begun repossession processes for 10 Airbus A320-200s and one A330-200 operated by Avianca Brazil. Aviation Week’s Fleet Discovery database lists Avianca Brazil as having 53 aircraft in service, all of which are leased-in. The airline largely ...

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