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Avianca is not renewing employment contracts after filing for bankruptcy. Many employees are on furlough, some of those will not return, no matter Avianca's outcome.

The number of defaults in 2020 is on pace to exceed that of 2019 with indications there will be more to follow, given 6 group-level defaults YTD compared with 6 in all of 2019, and the high number of ratings at ‘CCC’ or below categories.

Colombian air travel passengers have battled with airlines over fare refunds more than any other complaint during the Coronavirus COVID-19 Pandemic, according to the Superintendence of Commerce.

Avianca says are unaware of any implication or effect that the NYSE’s decision could have on a Colombian investor, since all the mechanisms for negotiation in respect the Company’s preferred shares in the Colombia Securities Exchange, or BVC (Bolsa de Valores de Colombia) remain...

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) confirmed in a filing with the US Securities & Exchange Commission that the information published on May 11 by newspaper El Tiempo, relating to the bankrupt airline’s five largest creditors is accurate. One of the motions the air...

Viva Air CEO Felix Antelo Tells Finance Colombia why the airline remains optimistic, and discusses its growth both domestically, and with new routes coming to the US, the Caribbean, & Ecuador.

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...

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

Colombian air carrier Avianca was forced to rescind advertisements seeking to sell air fares for flights in May after receiving a stern rebuke from the Colombian President, who said that any flights would be illegal.