The original Miami Air International (1st) ceased operations on May 8, 2020, as previously reported. The company had previously entered Chapter 11 bankruptcy protection on March 25, 2020.
Tomas Romero, owner of World Atlantic Airlines, acquired the assets of the bankrupt company including the AOC. This deal did not include any aircraft.
The new Miami Air intends to restart charter operations with a single Boeing 737-800.
On October 20, 2020 the new airline leased a Boeing 737-800 (N770MA, msn 28647, ex HL7567) from GECAS.