Court orders Avianca Brasil to surrender 20% of fleet

SAO PAULO (Reuters) – Brazil’s fourth largest airline Avianca Brasil said on Friday it had been served with an injunction which newspaper Valor said could force the carrier to surrender 11 planes, or close to 20 percent of its fleet, to lessors. A representative for Avianca Brasil said the carrier did not think an appeal would be necessary as it was trying to reach an out-of-court agreement with the airplanes’ owners.