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Finance Colombia’s founder Loren Moss was able to connect with Viva Air’s Executive Chairman Declan Ryan to better understand the gap between what the Duque Administration has said, and what they are doing. Are investors being treated equitably?

Colombia’s finance ministry over the weekend announced that it would provide an 18 month loan of up to $370 million USD to Avianca Airlines, currently in Chapter 11 proceedings in US courts. The financing would be provided under Avianca’s proposed Debtor In Possession (DIP)...

"We want to inform the country that a new phase begins on September 1, where we change the concept of Mandatory Preventive Isolation, with a significant number of exceptions, to having a concept of Selective Isolation, distancing and individual responsibility," said President...

Former Avianca chairman Germán Efromovich along with his brother José have been arrested in Brazil on charges of bribery and corruption as part of the Lava Jato investigation.

Bancolombia, Colombia's largest bank has issued a report panning Avianca proposed DIP financing plan from the point of view of current shareholders, and indicated that it would no longer be covering the bankrupt airline.

The U.S. Embassy has announced that Spirit Airlines will operate three humanitarian flights at the end of August from Colombia to the United States for US citizens and permanent residents that wish to return to the US during this period of closed airspace due to the Coronavirus...

Bankrupt airline Avianca has revealed that it is working on debtor in possession financing with several investment banks including Seabury Securities, Goldman Sachs, and JPMorgan Chase; subject to approval by US Bankruptcy Court and creditors. The deal would potentially open a...

Medellín based low cost carrier Viva Air in association with travel technology company Caravelo, has launched a new product for its frequent passengers that allows them to pre-purchase packages of coupon vouchers redeemable for domestic or international flights, without having to...

Copa has now scheduled the restart of its regular commercial flights for September 4th, 2020.

Colombian low-cost airline Viva Air became the first airline to receive the “Check in Certificado” safety certificate developed by Colombia’s Ministry of Commerce Industry & Tourism and issued by Colombia’s Institute of Technical Standards and Certification, ICONTEC.