June 24 (UPI) -- COC Global Enterprise, an investment fund led by Argentine businessman Leonardo Scatturice, has acquired a majority stake in Flybondi, Argentina's first low-cost airline. The takeover comes after months of financial turmoil for the carrier, which faced repeated delays and mass cancellations. The closure of El Palomar Airport near Buenos Aires during the COVID-19 pandemic made it difficult for Flybondi to meet its aircraft leasing payments. In one month, the airline canceled 384

Tag-uri: Coronavirus