Viva Air's financial difficulties stem from the impact of the coronavirus pandemic, worsened by rising fuel prices in 2022 and the depreciation of Colombia's peso.
LATAM, Avianca and local airline Satena will offer alternatives to stranded passengers on some routes at no additional cost, the civil aviation authority said. In Peru, the Ministry of Transport and Communications opened an administrative process against Viva Air after some 300 passengers were affected at airports in Lima and Cusco.
The airline grounded five of its planes last week and named Francisco Lalinde as interim president and chief executive, replacing Felix Antelo, who resigned citing health problems.
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