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Brazil: the current situation of failed aviation company Itapemirim

RIO DE JANEIRO, BRAZIL - Nearly three months after it ceased operations, Itapemirim still owes its former employees salaries and labor rights; passengers have yet to receive refunds; creditors are piling up their claims, and a lessor is unable to take back one of the planes cannibalized in São José dos Campos.

The airline, which set out with the promise of revolutionizing air travel in Brazil, did not get beyond a brief six-month flight that Subscribe to our Premium Membership Plan. Already Subscribed?

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