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//Travel & Hospitality
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Avianca’s Top Creditors Revealed, One Small Bank Has Half A Billion USD In Exposure

Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) confirmed in a filing with the US Securities & Exchange Commission that the information published on May 11 by newspaper El Tiempo, relating to the bankrupt airline’s five largest creditors is accurate. One of the motions the air...
Posted On May 19, 2020
, By Loren Moss
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Spirit Air To Fly Humanitarian Flights From Colombia to US May 26, 28, 30

The U.S. Embassy has announced that Spirit Airlines will operate 2 humanitarian flights from Colombia to US May 24-27
Posted On May 18, 2020
, By Loren Moss
1

While The Global Aviation Industry Faces Crisis, Viva Air Remains In Growth Mode: Exclusive Interview With CEO Felix Antelo

Viva Air CEO Felix Antelo Tells Finance Colombia why the airline remains optimistic, and discusses its growth both domestically, and with new routes coming to the US, the Caribbean, & Ecuador.
Posted On May 17, 2020
, By Loren Moss
1

Guest Analysis: Colombia Freezes Visa Deadlines & Expirations For Foreigners

According to experts and attorneys at Expat Group, Colombia’s foreign ministry and immigration authority, Migración Colombia have taken measures to accommodate those foreign nationals that find themselves within Colombia’s borders during the Coronavirus COVID-19 Pandemic and the...
Posted On May 17, 2020
, By Jaime Aristizabal
Avianca flights delayed and canceled at MDE
1

NYSE to Suspend Trading In & Delist Avianca Shares

Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) announced today in a 6K filing with the United States Securities & Exchange Commission (SEC) that the New York Stock Exchange (NYSE) has suspended trading in the Company’s American Depositary Shares, each representing eight...
Posted On May 12, 2020
, By Loren Moss
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Spirit Air To Fly Humanitarian Flights From Colombia to US May 24-27

The U.S. Embassy has announced that Spirit Airlines will operate 2 humanitarian flights from Colombia to US May 24-27
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
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