The Ecuadorian airline Icaro, introduced this month a request for its dissolution to the Superintendence of Companies (SC) after nearly 40 years in the aviation market.
The procedure, which is currently at the Department of Dissolution and Liquidation, is in the process of dissolution and liquidation that could take 6 to 8 months if there is interest in submitting the necessary documents.
As soon as the dissolution is approved Icaro will cease operations in the market, but until this happens, Icaro will continue its regular activities, said the SC. (BG)
Source: El Universo Newspaper