Colombia’s finance ministry over the weekend announced that it would provide an 18 month loan of up to $370 million USD to Avianca Airlines, currently in Chapter 11 proceedings in US courts. The financing would be provided under Avianca’s proposed Debtor In Possession (DIP)...
Colombian air travel passengers have battled with airlines over fare refunds more than any other complaint during the Coronavirus COVID-19 Pandemic, according to the Superintendence of Commerce.
As part of its planned expansion. Rionegro Colombia based air carrier Viva Air is adding two daily flights between Barranquilla (BAQ) and Bogotá (BOG), and one daily flight between Medellín (MDE) and Barranquilla, starting immediately. “Viva Air is proud to return to Barranquilla...
Last week United Airlines (NASDAQ: UAL) moved to remove longtime chairman and controlling shareholder Germán Efromovich from Avianca’s (NYSE: AVH) (BVC: PFAVH), board of directors. Adding insult to injury, United installed Roberto Kriete as the board’s new chairman. All this...
Viva Air CEO Félix Antelo announced last week the hiring of Catalina Rendón Jaramillo as Viva Air’s director of communications and corporate affairs for the low cost international airline. During the last 12 years Rendón led the communications efforts of Inexmoda, Colombia’s...