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As reported by Finance Colombia and elsewhere, Avianca (OTCMKTS: AVHOQ, BVC: PFAVH) directors and creditors have recently taken a significant stake in troubled Chilean low-cost carrier Sky Airlines, while bankrupt Avianca seeks to emerge from Chapter 11 reorganization in the...

"Medellin is partner in the ownership of 5 airports in Colombia: Rionegro, Olaya Herrera, Encarepa, Enquito, Corozal Sucre. When an airplane lands in any of those airports, Medellin earns some pesos."

Flying Boeing 737-800 NG aircraft seating 186 passengers, the airline will fly twice a week, on Wednesdays and Sundays.

As a result of the foregoing, under the plan, the value of the outstanding shares of the company is expected to be reduced to zero.

Removing business class from short haul commuter flights is not a big deal by itself, but what is Avianca’s strategy? What does the airline want to be?

The investment, said to be $70 million USD of convertible credit, brings the airline into proximity with both bankrupt Colombian carrier Avianca and Mexican carrier Volaris.

The three weekly redeye flights will begin December 6th and tickets are on sale now. Cúcuta is Colombia's largest city on the Venezuelan border. The airport code is CUC.

The SENA training space will primarily offer technical courses on the Airbus A320 series aircraft flown by Viva, and Viva will offer students the necessary internships to obtain the vital hands-on skills and experience necessary for employment.

The value of the shares would be reduced to 0 due to the decrease in equity attributable to the Debtors’ liabilities to third parties and creditors, as well as the injection of capital by new investors pursuant to the Chapter 11 plan.

Joint actions were carried out by the Ministry of Commerce, Industry and Tourism and the Group for the Protection of Tourism and National Heritage of the Metropolitan Police of Cúcuta, along with the Police for Children and Adolescents, the Environmental and Ecological Police,...