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Andrés Restrepo I., President of Mineros
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Mineros SA Reports 68% Growth in Revenues, Sets Course For Toronto Listing

South American mining company Mineros S.A. reported a 68% growth in revenues for 2019 from $206 million USD in 2018 $345.5 million USD in 2019
Posted On April 7, 2020
, By Loren Moss
Oil Pump Courtesy Kobiecanka - Pixabay
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Amid Cash Crunch & Depressed Share Value, A Board Shakeup At Arrow Exploration

Arrow Energy has announced that Tim de Freitas, Gustavo Antonio Dajer Barguil and Brian Hearst, have been appointed to the board of directors, and Mauricio Nuñez Restrepo has been appointed as corporate secretary.
Posted On February 11, 2020
, By Loren Moss
Photo credit - https://imgur.com/user/josemanueldaes
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Tecnoglass Delisting from Colombia’s BVC Stock Exchange, Remains Committed To NASDAQ

Colombia’s largest glass manufacturer Tecnoglass (NASD: TGLS; BVC: TGLSC) has announced that it will begin the process to delist ordinary shares from the “Bolsa de Valores de Colombia,” (BVC) Colombia’s principal stock exchange based in Bogotá. “As we have shifted from under 60%...
Posted On December 2, 2019
, By Loren Moss
A new Airbus A320neo operated by Avianca. (Credit: Avianca)
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Avianca Sells 14 Airbus Jets To Fortress Transportation

Avianca Holdings S.A. (NYSE: AVH; BVC: PFAVH; “Avianca”) and Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) yesterday announced that, in accordance with Avianca’s fleet plan and the continued implementation of the “Avianca 2021” transformation plan, Avianca...
Posted On July 25, 2019
, By Loren Moss
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Copa Sees Airline Passenger Decline, Avianca Sees Increase During May

For the month of May, 2019, Copa Holdings, parent company of Copa Airlines (NYSE: CPA), announced that system-wide passenger traffic (RPMs) decreased 2.6% year over year, while capacity (ASMs or Available Seat Miles) decreased 4.6%.  As a result, system load factor for the month...
Posted On June 15, 2019
, By Loren Moss
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Despite New Board, Management Changes, Fitch Downgrades Avianca Holdings To B- & Negative Ratings Watch

Fitch Ratings has downgraded  Avianca Holding’s  (NYSE: AVH) (BVC: PFAVH),Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘B-‘ from ‘B’ and its USD $550 million senior unsecured notes to ‘CCC+’/’RR5’ from...
Posted On June 15, 2019
, By Loren Moss
Avianca ATR 72-600
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Avianca Sells Regional Airline Subsidiaries in Nicaragua & Costa Rica

Avianca Holdings S.A.,  (NYSE: AVH) (BVC: PFAVH), through its subsidiaries Grupo Taca Holdings Limited and Nicaraguense de Aviacion S.A., closed the sale of its shares in Turboprop Leasing Company Ltd., parent company of the Costa Rican airline Servicios Aéreos Nacionales S.A...
Posted On June 13, 2019
, By Loren Moss
EPM Headquarters Building in Medellín's Plaza Mayor
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EPM Pauses Sale of ISA Shares

Medellín based utility company EPM (Empresas Públicas de Medellín) announced last week that it has decided to pause the planned first stage of the sale of its shares in Interconexión Eléctrica S.A. (ISA). Currently, in this process, 112,605,547 ordinary shares, equivalent to...
Posted On March 26, 2019
, By Loren Moss
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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After Record 2018 Results, Tecnoglass Floats Offering Of Up To 9,200,000 Additional Shares

Tecnoglass Inc. (NASDAQ: TGLS) (BVC:TGLSC), the Barranquilla, Colombia based manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, after announcing record 2018 results and a strong backlog...
Posted On March 12, 2019
, By Loren Moss
Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)
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Tecnoglass Forms Distribution, Sales Alliance with Schüco

The partnership creates a shared distribution network in the Americas and will allow Tecnoglass to manufacture and sell Schüco-branded products.
Posted On September 24, 2018
, By Editorial Staff
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