Brazil’s Voepass files for bankruptcy protection
April 27, 2025
Brazilian regional airline Voepass has filed for bankruptcy protection, citing financial difficulties that it says were worsened by its former codeshare partner, LATAM Airlines.
Court documents reveal that Voepass, a privately owned carrier, is seeking judicial protection while dealing with debts totalling around 209.2 million reais ($36.78 million).
The airline has struggled since August 2024, when one of its ATR aircraft crashed near São Paulo, resulting in the deaths of all 62 people on board.
In its court filing, Voepass alleges that LATAM exerted significant influence over its operations and failed to meet key financial obligations under their partnership agreement.
LATAM responded in a public statement on Wednesday, firmly rejecting the accusations. “LATAM vehemently repudiates Voepass’s claims attributing its financial crisis to LATAM,” the company said, adding that it ended the commercial partnership largely due to the crash in 2024.
