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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...

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...

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

This is a fall from 2015, when Colombia ranked 103rd overall, and a substantial drop from its ranking of 84th in 2010.

Despite the drop — from 57th in 2017 to 60th this year — Colombia's overall score in the Global Competitiveness Report actually increasing by 0.1 points to 61.6.

"Colombia is a key part of our strategy to invest more across the region,” said Ryan Brennan, vice president of OPIC.

Kimberly Clark and Grupo Familia face fines of 4.1% and 3.5% of their sales, respectively, in the Colombian and Ecuadorian markets.

Peace talks resumed this week in Havana between the Colombian government and the nation’s remaining guerrilla faction, the National Liberation Army (ELN).

The new infrastructure traverses a 585-kilometer route with an installed capacity of 400 gigabits in the transmission layer.

Zurich expects the transaction to be finalized “by the end of 2018” and funded by internal sources.