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Bankruptcy Reorganization Chapter 11

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December 28, 2018

Oceanair Linhas Aereas S/A Files Chapter 15

  • Debtor Name:  Oceanair Linhas Aereas S/A
  • Year Filed:  2018
  • Jurisdiction:  United States Bankruptcy Court / Southern District of New York
  • Asset Size:  10,000,000 to 100,000,000
  • Case Number:  18-14182
  • Industry:  Airline/Airline Parts/Services, Chapter 15 Proceeding, Transportation

Oceanair is a Brazilian airline.   They attribute the filing to the economic crisis in Brazil,  an increase in fuel prices, and the decreased value of Brazil’s currency relative to the United States dollar.

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