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With travel restrictions in place due to the Coronavirus COVID-19 pandemic, Copa Airlines issued a filing indicating that the company will reduce capacity by 80% but may shut down completely.

While Copa & Viva Airlines have not announced any fleet groundings so far, this week, Avianca & LATAM have announced significant cutbacks on routes, grounding between 30-40% of their fleets in the face of the Coronavirus COVID-19 Pandemic.

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?

The Avianca board of directors has decided not to pay dividends to shareholders as they state there are no reserves or retained earnings available

Avianca  (NYSE: AVH, BVC: PFAVH)  has announced that it is changing out the seats in its Airbus A320 fleet with cheaper, thinner versions that will allow the airline to squeeze 24 more passengers on a flight, even though its passenger traffic is down almost 10% and on-time...

Anko Van Der Werff, Avianca’s new CEO installed in 2019 seems to be busy remaking the airline after cutting premium benefits and treatment that passengers had been accustomed to, apparently to compete with Low Cost Carriers (LCCs) operating in Colombia such as Viva Air, Wingo,...

Today, the Office of the Attorney General of Colombia served Avianca with a search warrant of its offices with the objective of collecting information related to allegations and cover-up of Avianca’s potentially improper bribery by senior executives and members of the board of...

Low-cost airline Viva Air inaugurated its return to Cali last week with new flights between Cali and Medellín, Cartagena, and San Andrés.

Ratings firm Moody's Investors Service (Moody's) has upgraded LifeMiles Ltd.'s senior secured and corporate family ratings to B1 from B2. The outlook has been revised to stable from negative.

Unless travelers are traveling on a first class or business class ticket, they will lose access to lounges in over two dozen airports