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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.

Colombia's Superintendent of Transportation is looking into complaints regarding the expiration date and use policy of some travel vouchers issued by Viva Air during the COVID-19 Pandemic. The airline says it is cooperating, and has already revised its redemption policy.

"We want to inform the country that a new phase begins on September 1, where we change the concept of Mandatory Preventive Isolation, with a significant number of exceptions, to having a concept of Selective Isolation, distancing and individual responsibility," said President...

Bancolombia, Colombia's largest bank has issued a report panning Avianca proposed DIP financing plan from the point of view of current shareholders, and indicated that it would no longer be covering the bankrupt airline.

Colombian low-cost airline Viva Air became the first airline to receive the “Check in Certificado” safety certificate developed by Colombia’s Ministry of Commerce Industry & Tourism and issued by Colombia’s Institute of Technical Standards and Certification, ICONTEC.