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In June, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) (*) 2,336,139 passengers, up 10.2% compared to June 2014. Capacity, measured in ASKs (available seat kilometers), increased 7.7%, while passenger traffic, measured in RPKs (revenue passenger...

Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH), the parent company for Colombia’s flagship airline, and private equity firm Advent International, today announced that they have inked a deal in which Advent will acquire a 30% of the shares of LifeMiles B.V, the subsidiary of...

Global hotel operator InterContinental Hotels Group (IHG), has announced the opening of the Holiday Inn Cúcuta hotel. The newly constructed, 98-room hotel is IHG’s first property in the city of Cúcuta and the fourth Holiday Inn hotel in Colombia. Amenities at the Holiday In...

Aerocivil, Colombia’s civil aviation administration has implemented new rules designed to benefit air passengers in Colombia by increasing penalties on air carriers for deficiencies, streamlining the procedures for filing complaints and claims, monitoring and verification audits...

The Hotels.com Club Sandwich Index (CSI) continues to compare the dining costs of hotels worldwide with its annual price barometer, the Club Sandwich Index. This year, the elevated report by Hotels.com – the CSI 2.0 – added three more hotel dining items to make the...

Colombia’s Special Migration Administrative Unit has announced that from July 25 of 2015, a new cedula de extranjeria complying with Article 75 of Decree 834 of 2013; Colombian legislation that stipulates this will be the only valid identification documents for foreigners...

Fitch ratings recently published a “Latin American Airlines Dashboard” for the first half of 2015. According to the ratings firm, Latin American airlines face a challenging scenario for the rest of 2015. The benefits from lower fuel costs are being offset by declining yields,...

One of the most influential journalists from Europe specializing in motorcycle motorsports will be at the Feria de las 2 Ruedas this week in Medellín. Jaime Alguersuari Tortajada will be holding a seminar for experts, press, aficionados and industry functionaries on May 22. The...

Hamburger purveyor Carl’s Jr. continues its Latin America expansion with the opening of its first restaurant in Colombia last week. Located at Parque de La 93 on Bogotá’s north side, the restaurant marks the first of a multi-unit development agreement between Carl’s Jr. parent...

Paula Cortés Calle, the president of the Colombian Association of Tourism and Travel Agents (ANATO), announced last week new flights on Colombian air carrier Satena, flying from Bogotá to Armenia, Quindio starting May 25, with travel agencies already selling tour packages that...