Flybondi faces liquidity crisis with 1.2 billion ARS in bounced checks

Argentine low-cost carrier Flybondi has issued over 1.2 billion ARS in bounced checks within the last six weeks amid internal shareholder disputes. The company's majority owner, COC Global Enterprise, attributes the financial distress to minority partner conflicts and a legal attachment related to tax agency ARCA, though the full extent of the operational impact remains unclear.