"We are pleased to find that there are more and more opportunities to grow our operation in the country, specifically in the destinations that most need connectivity," said Santiago Álvarez of LATAM.
Fitch: "Medium-term uncertainties include Avianca's ability to maintain its strong operating margins while resuming its business growth post Chapter 11 process in U.S."
Avianca was widely condemned online after on of its representatives was filmed telling a passenger, “if you were my dad or someone important to me, I could help you.”
So far, the Chilean airline has cleared three of the five required certification phases and submitted the necessary documentation to operate domestically from several airports.