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The airline has significantly restructured its business model, reducing frequent flyer benefits, reducing passenger services, and removing luxury perks from its planes.

Already entangled in multiple scandals involving illegal wiretapping of its pilots' union and improper favors to government officials, Colombian air carrier Avianca has now found itself involved in the massive multi-billion dollar global bribery scheme by Airbus uncovered by...

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

Fitch Ratings has downgraded  Avianca Holding’s  (NYSE: AVH) (BVC: PFAVH),Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘B-‘ from ‘B’ and its USD $550 million senior unsecured notes to ‘CCC+’/’RR5’ from...

German Efromovich, President of the Board of Directors for Avianca Holdings S.A. and the Board of Directors for Aerovías del Continente Americano S.A. Avianca, has introduced Hernan Rincón Lema as the new Executive President of the holding company that groups several airlines and...