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//Loren Moss
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Holbertson School Adds Medellín Campus, Offering Innovative Funding Model For Software Programming Students

The Holberton School, a college alternative for training software engineers, last week announced that it has opened a campus in Medellín, it’s second Colombia campus after opening one in the capital of Bogotá. Holberton provides what it calls “Silicon-Valley grade” peer-learning...
Posted On June 15, 2019
, By Loren Moss
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OAG: Viva Air #1 In On-Time Performance As Of May 2019

The Official Aviation Guide of The Airways’ (OAG) ‘On-Time Performance Airlines’ report has recognized Viva Air as the most punctual airline in Colombia and the third in Latin America and the Caribbean with 92% punctuality, as of May 2019. This statistic was derived...
Posted On June 15, 2019
, By Loren Moss
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Colombia’s Auction for Petroleum Exploration Blocks Receives Historic 19 Bids From 7 Producers

After five years without any new signed hydrocarbons exploration and production contracts, Colombia’s ANH (National Hydrocarbons Agency) in charge of the allocation of oil fields for production, achieved a historic success rate of 55% of the areas offered. Two continental blocks,...
Posted On June 15, 2019
, By Loren Moss
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Despite New Board, Management Changes, Fitch Downgrades Avianca Holdings To B- & Negative Ratings Watch

Fitch Ratings has downgraded  Avianca Holding’s  (NYSE: AVH) (BVC: PFAVH),Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘B-‘ from ‘B’ and its USD $550 million senior unsecured notes to ‘CCC+’/’RR5’ from...
Posted On June 15, 2019
, By Loren Moss
oil drilling rig (Photo credit: ARMBRUSTERBIZ / Pixabay)
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Frontera Energy Elects Directors, Announces Dividend

Frontera Energy Corporation (TSX: FEC) on May 29 held its annual general and special meeting of shareholders where each of the seven nominees proposed as directors and listed in the Frontera’s management proxy circular dated April 18, 2019 were elected as directors. A total of...
Posted On June 14, 2019
, By Loren Moss
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BPrO: $8.2 Million USD in Deals Done During 2019 Colombia Customer Experience Summit

After the close of last month’s Customer Experience Summit organized by outsourcing industry association BPro (formerly ACDECC), the association announced the signing of trade agreements for approximately USD $8.2 million dollars between buyers and sellers of contact center and...
Posted On June 13, 2019
, By Loren Moss
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CDPQ and IFC Acquire 50% of Colombia’s Alianza: Brokerage, Trust & Asset Management

Australis Partners, an independent private equity firm focused on Latin America, in association with Caisse de dépôt et placement du Québec (CDPQ), a Canadian institutional investor and the International Finance Corporation (IFC), a member of the World Bank Group, today finalized...
Posted On June 13, 2019
, By Loren Moss
Avianca ATR 72-600
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Avianca Sells Regional Airline Subsidiaries in Nicaragua & Costa Rica

Avianca Holdings S.A.,  (NYSE: AVH) (BVC: PFAVH), through its subsidiaries Grupo Taca Holdings Limited and Nicaraguense de Aviacion S.A., closed the sale of its shares in Turboprop Leasing Company Ltd., parent company of the Costa Rican airline Servicios Aéreos Nacionales S.A...
Posted On June 13, 2019
, By Loren Moss
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Aerial Combat: United Airlines Ejects Avianca Chairman Efromovich, Replaces Him With Arch-Nemesis Kriete

Last week United Airlines (NASDAQ: UAL) moved to remove longtime chairman and controlling shareholder Germán Efromovich from Avianca’s  (NYSE: AVH) (BVC: PFAVH), board of directors. Adding insult to injury, United installed Roberto Kriete as the board’s new chairman. All this...
Posted On May 27, 2019
, By Loren Moss
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Interjet Launches New Route Between Medellín & Mexico City, Adding Options For North American Connectivity

Interjet Airlines is beginning service between Mexico and several South America destinations including Medellín, Colombia, Guayaquil, Ecuador and Lima, Peru. These new flights will serve both the business and leisure traveler expanding Interjet’s footprint into South Americ...
Posted On May 26, 2019
, By Loren Moss
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