After struggling to find a buyer or investor, Colombian low-cost airline Ultra Air suspended operations just 30 days after competitor Viva was abruptly grounded. Ultra had recently admitted struggles but sought to reassure passengers that it would carry on. Less than a year ago,...
Australian Ambassador Bernard Unkles explains to Finance Colombia's Loren Moss why Australians are taking such an interest in Colombia...and vice versa.
In contrast to the year 2021 that ended with inflation of 5.62%, in 2022, historically high annual inflation was recorded for Colombia of 13.12%, that is, 7.5 points higher than the previous year, a peak level that had not been registered since 1999, 23 years ago. The...