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Copa Airlines' new notes will be senior, unsecured obligations of Copa and will accrue interest at a rate of 4.50% per annum, payable semi-annually in arrears on April 15 and October 15 of each year, beginning on October 15, 2020

Copa is raising $350 million USD due 2025, presumably to prepare itself for the Coronavirus-related economic downturn.

Fitch Ratings yesterday announced that it had downgraded Avianca Holdings’ Long-Term Foreign and Local Currency Issuer Default Rating (IDR) to ‘C from ‘CCC-‘. The ratings have been removed from Rating Watch Negative. This downgrade follows the announcement...

While Copa & Viva Airlines have not announced any fleet groundings so far, this week, Avianca & LATAM have announced significant cutbacks on routes, grounding between 30-40% of their fleets in the face of the Coronavirus COVID-19 Pandemic.

Viva Colombia's Felix Antelo tells Finance Colombia readers why the airline left Cali and how it returned, recent changes in the airline, and the ways the airline is welcoming first-time flyers and foreign tourists and family visitors.

Unless travelers are traveling on a first class or business class ticket, they will lose access to lounges in over two dozen airports

Airline analytics and data firm OAG (Official Airline Guide) has released its 2020 airline punctuality ratings, which rate Copa Airlines as the world’s second most punctual with 92.01% of flights arriving within 20 minutes of schedule. Only Garuda Indonesia surpassed this with a...

Fitch Ratings has assigned a ‘C’/’RR4’ rating to Avianca Holdings S.A.’s (NYSE: AVH; BVC: PFAVH) $550 million USD senior secured notes due 2020. These notes are being received in exchange for $550 million of senior unsecured notes due 2020. The new...

Delta (NYSE: DAL) and LATAM Airlines Group S.A. (NYSE: LTM; IPSA: LTM) last week announced that they have entered into a strategic partnership that seeks to reshape the air travel environment in The Americas. Chile based LATAM will sever its ties with longtime partner American...

The Santiago-based airline expects to transport some 33,000 people on this route per year.