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German Efromovich, Chairman of the Board of Directors of Avianca Holdings S.A. and Aerovias del Continente Americano S.A. has announced the appointment of Hernán Rincón (pictured above) as the new Chief Executive Officer of Avianca Holdings S.A. and Avianca S.A Mr. Rincón, was...

20 Orinoco Crocodiles (Crocodylus Intermedius) were reintroduced into their natural habitat this month, in the Tuparro National Park, the same environment that received 21 crocodiles in May of last year. Orinoco Crocodiles (Caimán Llanero in Spanish) are a critically endangered...

Colombia’s Agencia Nacional del Espectro (National Spectrum Agency) and MINTIC (Ministry of Information and Communication Technology) have imposed fines on three hotels operating in Bogotá for unlawfully using electronic devices to jam mobile phone signals within their premises...

Colombia’s civil aviation authority, Aeronautica Civil, also known as Aerocivil,  approved 57 new airline routes requested by airlines in 2015, including 34 national and 23 international routes. From the dates of approval, airlines have up to 180 days to provide service on those...

Aeronautica Civil, the Colombian aviation regulatory authority commonly known as Aerocivil, has adjusted and announced the new maximum administrative fees that airlines may attach to passenger airfares for Colombian domestic and international flights. These fees are often charged...

The National Marine Manufacturers Association (NMMA), International Council of Marine Industry Associations (ICOMIA) and Asociación Náutica de Colombia (ANC) have announced they will produce Colombia Nautica: the International Nautical Congress of Colombia, April 27-29 in...

Finance Colombia has learned that Chinese engineering firm ShenZhen Sunwin Intelligent Co. Ltd. intends to open operations in Bogotá. The firm is active in the engineering and fabrication of public transportation technology such as fare collection devices, passenger information...

The first of two Four Seasons Hotels has opened in Bogotá Q4 2015. After a multimillion dollar remodel that started in December of 2014, the historic Casa Medina in Bogotá’s Zona-G near the Financial District reopened as Four Seasons Casa Medina. Owned by the Gilinski Group, the...

Hilton Worldwide (NYSE: HLT) on Monday celebrated the opening of the DoubleTree by Hilton Bogotá – Parque 93, its first hotel in Colombia. Located in Bogotás Chico neighborhood, the 132-room full-service hotel is in one of Bogotá’s upscale areas featuring businesses,...

During the third quarter of 2015, Colombia’s Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) announced operating revenues amounting to US$1.12 billion and a net income of US$102.1 million, an increase of US$ 68.9 million over 3Q 2014. As such, net margin was 9.1%, 6.4% above the...