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The next step in the Chapter 11 process will be a hearing for the United States Bankruptcy Court to consider the approval of the disclosure statement, which is scheduled for September 14, 2021.

Viva recently inaugurated direct routes to Mexico City from Bogotá, and to Cancun from Medellín with four and three weekly flights, respectively. Similarly, in early August it will begin operations to Mexico City from Medellín, with four flights a week.

Viva Air has quietly increased the daily frequency of flights between its Medellín hub and Miami, Florida fron one daily flight up to as many as four daily flights in June. Viva has pledged to add 15 more international routes, and has already filed for permission to operate...

For the full year 2020, Copa Holdings reported a net loss of $598.6 million, or $14.08 per share. Excluding special items, the airline would have reported a net loss of $259.5 million, or $6.11 per share. Special items for the full year include a $191.2 million in total...

The book starts off with a glowing account of the airline’s creation, almost superlative in its description of the personalities involved. However, in the second half the book takes a frank and candid tone when approaching the airline’s growing pains, internal conflict among the...

Avianca has begun dissolving its Peru subsidiary and will no longer fly domestic flights in the country. In the future, Avianca says it will continue to serve routes to and from Peru through its airline subsidiaries in Colombia, El Salvador and Ecuador, once the restrictions...

Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) announced today in a 6K filing with the United States Securities & Exchange Commission (SEC) that the New York Stock Exchange (NYSE) has suspended trading in the Company’s American Depositary Shares, each representing eight...

Not long after a bitter strike, Avianca is facing renewed labor unrest, this time from Airbus pilots in Peru who claim that Avianca is using the Coronavirus Pandemic to escape from a negotiated early retirement buyout with pilots in the neighboring country.

Viva Air today issued a challenge to find solutions that incentivize passengers to return the airways. The winning proposal will win a $10,000 USD prize, provided by Viva Air and its external innovation collaborators.

S&P Global Ratings has downgraded Avianca's credit rating from “B-” to “‘CCC” while placing the airline on CreditWatch negative.