Bolivian airline Amaszonas could lose its only four aircraft in the coming days if it does not find a solution for the debt it owes to GY Aviation Lease 1816 Co. Limited (part of the CBD group).
GY leased four Embraer E190 jets to the carrier, but asked the Direcção-Geral da Aeronáutica Civil (DGAC) to cancel the registration of the aircraft due to the non-payment of the leasing installments by Amaszonas.
The airline, controlled by Nella Linhas Aéreas, is trying to prevent the deregistration of the jets while discussing the amount of the debt. According to GY, it would be US$ 17 million, while Amaszonas considers a value of US$ 11 million.
The DGAC had given 10 days for the airline to resolve the issue, but reduced the deadline to five days – until August 9th -, when it will be able to prevent Amaszonas from operating with the E190s.
Of the four planes, only two are in service, registration CP-3135 and CP-3171. A third jet has been idle for several months while the E190 of CP-3145 registration flew to Embraer headquarters on June 14 for maintenance.
US investment fund
Amaszonas was founded in 1998 and is headquartered in Santa Cruz de La Sierra. Commercial flights began in 2000 with only chartered operations in small turboprops.
In 2012, with the bankruptcy of AeroSur, Amaszonas took over five CRJ200 jets that started regular flights.
The airline went through a financial crisis that caused it to lose its Air Operator Certificate (OAC), but in 2021 Nella Linhas Aéreas, owned by businessman Mauricio Sousa, acquired all of its capital.
The plan was for Amaszonas to receive Boeing 737 jets and expand its operation, but the network remained restricted in the following months.
According to the newspaper El Deber, the airline should receive a contribution of funds from US investors.
The Autoridad de Telecomunicaciones y Transportes (ATT), in turn, notified Amaszonas to only sell airline tickets three days in advance, fearing a possible suspension of flights.