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The Colombian superintendent in charge of regulating corporate behavior has said that even as a passenger, his rights have been violated by Avianca.

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.

Avianca Airlines announced this week that as part of its new management structure, current CFO Adrian Neuhauser will assume additional responsibilities relating to the airline’s operation and the company’s legal affairs as Corporate Executive Vice President, reporting to the CEO,...

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.

Avianca says it has raised $2 billion of DIP financing, including new loans and refinancing of existing notes, despite the blockage of a $370 million USD bailout loan from the Colombian government.

Despite laying off thousands of employees, filing for bankruptcy, and asking the Colombian government for a $370 million USD bailout, FInance Colombia has learned that Avianca has paid bonuses of over $10 million USD to seven top Avianca executives. CEO Anko Van der Werff & CFO...

A 3 judge panel in Colombia's Cundinamarca district court issued an emergency injunction against the $370 million USD loan by the administration of Colombian President Ivan Duque to bankrupt Avianca Airlines, where his sister is a top executive. The lawsuit was filed by a...

Avianca has filed for bankruptcy protection in the US Southern District Court of New York. The airline was already struggling and facing multiple scandals before the arrival of the Coronavirus COVID-19 Pandemic

Avianca Airlines announced this afternoon that as of March 23, the carrier will completely suspend its international operations. The domestic operation will continue at 16% of capacity from Bogotá to certain destinations within Colombia.

Colombia's currency and bellwether stocks Avianca & Ecopetrol all took a plunge this week s double whammies of coronavirus panic and petroleum trade wars between Saudi Arabia & Russia impact the global economy. How will things play out?