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."
"We offer users the convenience of being able to reach their final destination buying everything under the umbrella of Arajet," said the low-cost Dominican airline.
The airline has significantly restructured its business model, reducing frequent flyer benefits, reducing passenger services, and removing luxury perks from its planes.