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The ruling doesn't approve or deny the proposed Viva Avianca merger, but orders it be reconsidered by the civil aviation authority.

Avianca says that it was informed by Viva's aircraft lessors about delays in the payment of their financial commitments.

Tecnoglass stock recently reached a high of $24.60 USD per share, almost five times its value of just a year ago.

The joint venture between Delta and LATAM airlines has been in the works since 2020, after Delta managed to break LATAM's long-standing business partnership with American Airlines in order to strengthen its presence in Latin American markets.

Before joining Avianca as CFO, Neuhauser was managing director covering Latin American airlines for Credit Suisse and worked as an investment banker for Deutsche Bank, Bank of America, and Merril Lynch.

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 CDC announced an order requiring all air passengers arriving to the US from a foreign country to get tested no more than 3 days before their flight departs and to present the negative result or documentation of having recovered from COVID-19 to the airline before boarding the...

All air passengers entering the United States must now present a negative COVID-19 test, taken within 3 calendar days of departure, or proof of recovery from the virus within the last 90 days. Airlines MUST DENY BOARDING to any passenger failing to meet these requirements.

UPDATE: TheColombian government has launched an investigation into Avianca - When Avianca pulled a publicity stunt to have musicians on board perform a brass serenade for passengers and then posted it on Twitter, rival airline Viva Air was quick to call their competitor out for...

After a $370 million USD government loan was blocked by a Colombian court, a US bankruptcy judge approved a total of $1.217 billion USD in new DIP loans that Avianca was able to negotiate from existing creditors and new investors.