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Though adding a strategic partner could be a positive development, Fitch Ratings views Avianca's liquidity as low.

"With the launch of this new route, Avianca becomes the first and only airline to directly link Bogotá with Boston and vice versa," says the airline.

Germany retains its position at the top of the index for the second year running, with visa-free access to 176 countries out of a possible 218.

Hilton has partnered with Constructora Colpatria on a 25-story, 206-room development that is scheduled to open in mid-2019.

“The United transaction diverts the vast majority of the consideration United is paying for a partnership with Avianca...to Efromovich’s financially shaky affiliates," alleges the Kingsland lawsuit.

Avianca currently has four weekly flights to Los Angeles, and its upcoming daily route will be operated by a Boeing 787 Dreamliner.

While the number of Colombians traveling to the small South American nation has been meager in the past, the figures are growing.

Avianca transported 830,070 passengers between Colombia and Europe in 2016 versus 710.869 the previous year.

Details of an alliance between Avianca and United Airlines "are yet to be negotiated," but the Star Alliance carriers are working to formalize a long-term deal.

Aeromexico was the only major carrier in Latin America to finish behind Avianca.