CEO Juan Carlos Echeverry says "2016 was a year of enormous challenges for Ecopetrol," but he believes increased investment in 2017 will improve results in the coming years.
"Signs for an improvement in credit metrics are slowly emerging for corporates across Latin America following a tough year during 2016," said Jay Djemal of Fitch Ratings.
Aerocivil is investigating how a suitcase containing cocaine — that the passenger says did not belong to him — came to be found on an Interjet aircraft.