Day

"These forecasts for Colombia's growth are much higher, compared to the other scenarios in Latin America," said Cárdenas.

Avianca's top executive called it a “difficult decision” to suspend flights for first time in 60 years while citing safety concerns and operational difficulties.

Anna Stylianides, executive chairman of the company’s board, will serve as interim president and interim CEO, said Eco Oro in a statement.

Nautica, owned by the VF Corporation, already has two stores in Bogotá, one in Medellín, and one in Cali.