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The switch, which will formally take place on September 4, marks the first leadership change for the Bancoldex.

The new agreement will go into effect on tickets sold this month and for travel dates beginning in September.

The recertification formally authorizes the level of standards and availability offered at the company’s data center in Bogotá.

The $600 million USD of unsecured notes will be used to repay a senior bridge loan due next year on January 11.

With a goal to repair 90,000 potholes in 2017, this puts the capital more than two-thirds of the way to the mayor’s target.

Avianca's top executive called it a “difficult decision” to suspend flights for first time in 60 years while citing safety concerns and operational difficulties.

"You need a bunch of other expertise around the table in addition to raw engineering talent," says Casnocha. "There is still work to be done in terms of the human capital."

Miyamoto, which specializes in engineering buildings to withstand earthquakes, operates a project in Pasto and has launched its first South American office in Bogotá.

El Dorado International Airport in Bogotá will have no commercial flights from 10:00 am to 12:30 pm on July 20.

With 11,000 victims since 1990, Colombia is one of the most "mine-affected" countries in the world.