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The total was up 3.5% from 2017, while Avianca's RPK (revenue passenger kilometers) jumped by 8.7% year over year.

"The increase in the stand-alone credit profile is a recognition of the company's stable operating performance," stated Ecopetrol.

The put options will be in force from December 4-28, according to the Bogotá-based Banco de la República. 

The resources will aim to fund emergency healthcare to the most vulnerable and food provisions for young children, pregnant women, and breastfeeding mothers.

"Colombian officials had been reluctant to set up refugee-style camps," reports the Associated Press.

"We aim to make Singularity University's experience more accessible for those who do not have the ability to attend academic programs in the United States,” said organizer Claudia Aparicio.

During the first year, the carrier expects to transport some 31,000 passengers between Miami and Santa Marta, which it has named its third hub in Colombia.

The route to Santa Cruz is Avianca’s second connecting Colombia in Bolivia. The carrier also operates a daily flight between Bogotá and La Paz.

Colombian state-controlled oil company Ecopetrol (NYSE: EC) (BVC: ECOPETROL) was among the exploration block winners today at an auction in Brazil and now holds the rights to a portion of the oil extracted from the Santos basin off the coast of South America’s largest...

“This year marked 70 years since the founding of the OAS in Bogotá. For our government it will be an honor," said Colombian diplomat Alejandro Ordoñez.