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//maria paula duque
Maria Paula Duque has left her position with Avianca Airlines and joined FTI Consulting in Colombia.
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Maria Paula Duque Resigns From Avianca, Joins FTI Consulting

Maria Paula Duque has left her position with Avianca Airlines where she was Senior Vice President of Strategic Relations & Director of Customer Experience, and joined FTI Consulting in Colombia as Managing Director. Duque is sister of Colombian President Ivan Duque.
Posted On March 30, 2021
, By Loren Moss
0

While Asking For Government Bailout & Furloughing Thousands of Employees, Bankrupt Avianca Paid 7 “Insiders” Bonuses Of Over $10.3 Million USD

Despite laying off thousands of employees, filing for bankruptcy, and asking the Colombian government for a $370 million USD bailout, FInance Colombia has learned that Avianca has paid bonuses of over $10 million USD to seven top Avianca executives. CEO Anko Van der Werff & CFO...
Posted On September 21, 2020
, By Loren Moss
4

Court Blocks Colombia’s $370 Million USD Emergency Loan To Bankrupt Avianca Airlines

A 3 judge panel in Colombia's Cundinamarca district court issued an emergency injunction against the $370 million USD loan by the administration of Colombian President Ivan Duque to bankrupt Avianca Airlines, where his sister is a top executive. The lawsuit was filed by a...
Posted On September 12, 2020
, By Loren Moss
0

Colombian Government Study To Explore $370 Million USD Loan To Bankrupt Avianca Contracted Just 1 Day Before Loan Approved; To Be Paid By Avianca

Finance Colombia has learned that a feasibility study to determine the viability of a government bailout of Avianca Airlines, where Colombian President Ivan Duque’s sister Maria Paula Duque is a top executive, was contracted by the finance ministry only the day before Duque...
Posted On September 9, 2020
, By Loren Moss
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.
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Colombian Government To Loan $370 Million USD To Bankrupt Avianca

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)...
Posted On September 1, 2020
, By Loren Moss




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RECENT

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COMMENTS

From left to right: Alejandro Ossa, Invest Pacific Director; Liliana Sierra, Secretary of Economic Development; Diana Muñoz, Director of the International Cooperation Office; Alejandro Alvira, a TaskUs teammate; Guillermo Ulloa, Vice President of Operations; Isabella Mariño, Director of ProColombia; and Fabian Saavedra, Director of PacificShore.

TaskUs Celebrates Cali, Colombia Office Opening After A Year Of Remote Work

Posted On June 29, 2022
Diana Trujillo of Cali, Colombia is one of NASA's new flight directors. Photo courtesy of NASA

Colombian Woman Among Seven New NASA Space Flight Directors

Posted On June 29, 2022
Image NOAA

Tropical Storm Expected To Hit Colombia's Atlantic Coast, Caribbean Islands

Posted On June 29, 2022

Romanian Cybercriminal Mihai Ionut Paunescu Captured In Colombia

Posted On June 29, 2021
Photo montage courtesy EPM

EPM’s Board of Directors Resign En Masse, Creating Crisis For Mayor Daniel Quintero

Posted On August 17, 2020

Deadly Riots & Protests Against Police Brutality Break Out Across Colombia

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