Tag

Already entangled in multiple scandals involving illegal wiretapping of its pilots' union and improper favors to government officials, Colombian air carrier Avianca has now found itself involved in the massive multi-billion dollar global bribery scheme by Airbus uncovered by...

Airline analytics and data firm OAG (Official Airline Guide) has released its 2020 airline punctuality ratings, which rate Copa Airlines as the world’s second most punctual with 92.01% of flights arriving within 20 minutes of schedule. Only Garuda Indonesia surpassed this with a...

Last Thursday, January 23, Avianca flight AV693 flying from San José, Costa Rica to Bogotá, Colombia had to land in Panamá City’s Tocumen International Airport after experiencing severe turbulence that sent 3 crew and 1 passenger to the hospital, and left the plane damaged.

In December 2019, Avianca and its subsidiaries (NYSE: AVH) (BVC: PFAVH) transported 2,546,232 passengers, a 6% decrease compared to December 2018.

You cannot come in here. As of January 1, Lifemiles Silver members no longer have access to this lounge. How would you like to pay?

Avianca’s  (NYSE: AVH; BVC: PFAVH)  today announced the funding of previously announced convertible secured debt financing in a total amount of $125 million USD. This financing is incremental to the $250 million convertible secured stakeholder facility loan by United Airlines...

Avianca has renegotiated its aircraft commitment and reduced upcoming deliveries with Airbus & Boeing

S&P Global Ratings last week raised its issuer credit rating to ‘B-‘ from ‘SD’ and its issue-level rating on the 9% senior secured notes due 2023 to ‘B-‘ from ‘CCC-‘ and the 8.375% senior unsecured notes due 2020 to...

Global emerging market startup accelerator Seedstars has named its nine most promising startups from Latin Amercia in front of over 200 guests at Medellin’s Universidad Pontificia Bolivariana (UPB). These nine early stage companies will represent the region at the Seedstars...

Avianca has announced this morning in a filing with the US Securities & Exchange Commission (SEC) that it has closed on a $250 Million senior secured convertible loan agreement offered by US based United Airlines, and Kingsland International Group, controlled by Roberto...