Moderators: jsumali2, richierich, ua900, PanAm_DC10, hOMSaR

Topic Author
Posts: 72
Joined: Sat Aug 07, 2010 4:20 am

TAME flies for bankruptcy.

Wed May 20, 2020 12:27 am

TAME (Transportes Aéreos Militares del Ecuador) has filed today morning its disolution and therefore, stop of every kind of operation. With a debt around 400 million dollar, the company serving domestic destinations within Ecuador and some few overseas, grounded all its fleets composed by 3 airbus aircraft and 2 ATR 42-500.
With this crisis provoked by the COVID 19 outbreak and most of countries confined, more bankrupctcies are coming mainly in LATAM, that according to IATA is the region in the world of more potential of airline filling for either protection agains creditors or disappearing.
Which one is the next?
Article in Spanish ... -tame.html
Posts: 430
Joined: Sat Jun 13, 2009 1:47 am

Re: TAME flies for bankruptcy.

Wed May 20, 2020 12:36 am

Difference between bankruptcy and liquidation, anyways this is already being discussed here: viewtopic.php?f=3&t=1446459
Felipe Carrillo

Who is online

Popular Searches On

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos