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Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) stated today in an SEC filing that an affiliate of Kingsland Holdings Limited, controlled by Avianca chairman Roberto Kriete, has entered into a commitment to extend a short term secured loan of US$50 million to the Company, subject...

Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) this morning announced in a 6-K filing with the United States Securities and Exchange Commission, in connection with its previously announced re-profiling plan for its capital structure, the commencement of an offer, outside of...

At an event today in Medellín, FedEx Express (FedEx),a subsidiary of FedEx Corp. (NYSE: FDX) and billing itself as the world’s largest express transportation company, announced the launch of a new flight that will operate six times per week between Miami, Bogota, and Medellin....

Moody’s Investors Service last week downgraded to B2 from Ba2 LifeMiles Ltd.’s corporate family and senior secured ratings. The outlook has been revised to negative from stable. LifeMiles, Ltd. is a coalition loyalty, program and the sole operator of Avianca...

Avianca Holdings S.A. (NYSE: AVH; BVC: PFAVH; “Avianca”) and Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) yesterday announced that, in accordance with Avianca’s fleet plan and the continued implementation of the “Avianca 2021” transformation plan, Avianca...

Avianca has confirmed in a filing with the US Securities and Exchange Commission The Appointment of Anko Van Der Werff as its new CEO effective July 15

As part of its planned expansion. Rionegro Colombia based air carrier Viva Air is adding two daily flights between Barranquilla (BAQ) and Bogotá (BOG), and one daily flight between Medellín (MDE) and Barranquilla, starting immediately. “Viva Air is proud to return to Barranquilla...

As part of its expansion plan in the region, Viva Air has initiated operations of its new bi-directional international route between Cartagena, Colombia (CTG) and Lima, Peru (LIM) from $195 USD round trip, flying Wednesdays, Fridays and Sundays. On June 7, Viva Air’s pink-livery...

Many business publications are reporting that Colombian airline Avianca’s board of directors has appointed Aeromexico’s Anko Van Der Werff as the airline’s new CEO. Van Der Werff has been serving for the past 5 years with Aeromexico, most recently as...

Luxury hotel brand Four Seasons Hotels and Resorts Grupo Valorem subsidiary San Francisco Investments, have announced plans to open a luxury hotel and private residences in Cartagena, Colombia’s dominant Caribbean tourism destination. Located in Getsemaní, a neighborhood adjacent...