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By

//Loren Moss
Image by Franz W. from Pixabay
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Colombia Imposes Countervailing Tariffs On US Ethanol

Of the total corn subsidies paid by the US government, 68.7% went towards the production of ethanol, amounting to $0.06646 USD per kilogram subsidy.
Posted On May 11, 2020
, By Loren Moss
Photo: Colombian Navy
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Venezuela’s Maduro Taunts Colombian President After Navy Loses 3 Fully Armed Gunboats That Floated Unmanned To Venezuela

In a national embarrassment, the Colombian Navy lost control of 3 unattended, fully armed Boston Whaler gunboats that then drifted into possession of the Venezuelan Military
Posted On May 11, 2020
, By Loren Moss
Image courtesy of Royal Road Minerals
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Royal Road Minerals Reaches Agreements With Latminco, La Candelaria, San Miguel Gold Mine Owners

Royal Road Minerals signed agreements with the owners of two gold mines in Nariño, Colombia, and with Latminco, SAS
Posted On May 11, 2020
, By Loren Moss
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Spirit Air To Fly Humanitarian Flights From Colombia to US May 21-25

The U.S. Embassy has announced that Spirit Airlines will operate 2 humanitarian flights: 1 flight will depart on May 21 from (BOG) Bogotá. A 2nd flight will depart May 23 from (MDE) Medellin
Posted On May 11, 2020
, By Loren Moss
US President Barack Obana and Panama’s President Juan Carlos Varela look on as (seated, l to r) David Joyce, President of GE Aviation, Jim McNerney, CEO and Chairman of Boeing, Stanley Motta, Chairman of Copa Holdings, and Copa CEO Pedro Heilbron signed documents recognizing the agreement. The airplanes had previously been listed as unidentified on Boeing’s Orders and Deliveries website.
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Copa Airlines Announces Q1 2020 Profits Of $98.7 Million USD

For 1Q20, Copa Holdings reported net profit of US$74.3 million or earnings per share (EPS) of US$1.75, as compared to net profit of US$89.4 million or earnings per share of US$2.11 in 1Q19. Operating profit for 1Q20 came in at US$98.7 million, representing a 12.6% decrease from...
Posted On May 11, 2020
, By Loren Moss
4

AVIANCA IS BANKRUPT

Avianca has filed for bankruptcy protection in the US Southern District Court of New York. The airline was already struggling and facing multiple scandals before the arrival of the Coronavirus COVID-19 Pandemic
Posted On May 10, 2020
, By Loren Moss
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Viva Air Now Transporting Cargo For Humanitarian Deliveries In Passenger Cabin

Colombian airline Viva Air is now carrying humanitarian aid in empty passenger seats as well as cargo holds of its aircraft to supply food and school supplies to famine-stricken La Guajira
Posted On May 10, 2020
, By Loren Moss
Tecnoglass facilities in Barranquilla
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Despite Coronavirus Pandemic Tecnoglass Reports Strong Results

Tecnoglass (NASDAQ: TGLS) Reported gross profit for the first quarter of 2020 was $30.5 million, representing a 34.9% gross margin compared to gross profit of $31.9 million, representing a 29.8% gross margin in the prior year quarter.
Posted On May 8, 2020
, By Loren Moss
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Colombia’s Curfew & Travel Lockdown Extended 2 More Weeks

Last night, Colombia’s President Ivan Duque announced that Colombia’s travel ban & national stay-in-place order would be extended at least until May 25 to continue combating the spread of the Coronavirus COVID-19 Pandemic. Still, the president announced some lifting of...
Posted On May 6, 2020
, By Loren Moss
Viva Air flight 8274 To Cali
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Viva Air Seeks Colombian Government Loan

Colombian airline Viva Air Group is seeking a bridge loan from the Colombian Government tu maintain liquidity during the Coronavirus COVID-19 Pandemic
Posted On May 5, 2020
, By Loren Moss
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