Argentine ultra low cost carrier FLYBONDI has turned to Montgomery & Associados to assist on all legal and tax aspects of entering the Brazilian market and establishing air routes linking both countries. The necessary licenses were obtained by the firm from the Brazilian Civil Aviation Authority (ANAC) in record-breaking time.
Operational in Argentina since the beginning of 2018, from El Palomar airport on the outskirts of Buenos Aires and flying the “The Freedom to Fly” (“Libertad de Volar”) slogan, FLYBONDI will provide Argentine and Brazilian passengers with a fully online experience at very accessible fares.
Flights to Brazil will start in October 2019, with the air route connecting Buenos Aires and Rio de Janeiro. Other cities in both countries will be connected in the near future.
“We are very happy to start operating our third international destination, Rio de Janeiro. With the arrival of Flybondi to the countries of the region, we will also be giving the freedom to fly at low prices to thousands of people, in addition to the Argentines”, said Sebastian Pereira, CEO of Flybondi. “We are an airline that aims to continue growing, generate direct and indirect jobs, and invest in connectivity.”
Managing Partner Neil Montgomery, who has provided legal assistance to nearly 20 foreign airline companies, has led the team at Montgomery & Associados, also comprising Helena Calderano and Isabela Vasconcelos.
“Flybondi is yet another low cost carrier (LCC), encouraged by increased demand for air services in the region and regulatory changes introduced by the Brazilian Civil Aviation Authority (ANAC) enabling the unbundling of services by air carriers, to enter the Brazilian market in the last year or so” commented Neil.
“Neil and his team have been very business oriented and efficient, delivering swift and straight-to-the-point services and advise. Their technical expertise in aeronautical and administrative law, precise understanding of the business environment, market players and authorities and Neil´s fluent Spanish skills have been pivotal in Flybondi´s advances in obtaining it´s AOCR”, explain Agustín Ojea Quintana, Flybondi’s Legal & Compliance Manager.
Flybondi is the first ultra low cost airline in Argentina that offers the lowest prices thanks to the efficiency in several processes: a single fleet, high daily use of each aircraft, optimization of timescales, maximum seating capacity in each aircraft and segmentation of products and services.
The main investors of Flybondi.com Airlines are Cartesian Capital Group LLC, Yamasa Co. Limited. The executives Michael Cawley (Ryanair) and Michael Powell (Wizz Air), are other shareholders of the airline of Argentina.