Finance Colombia » nyse:avh

Unimpressed By DIP Financing Plan, Bancolombia Terminates Coverage of Avianca

Bancolombia, Colombia's largest bank has issued a report panning Avianca proposed DIP financing plan from the point of view of current shareholders, and indicated that it would no longer be covering the bankrupt airline.

Posted OnAugust 19, 2020

, ByLoren Moss

Avianca’s 25 Largest Shareholders Revealed

Beyond the expected, some interesting names appear on the list of those with the most to lose should Avianca end up liquidated. The City of New York Group Trust?

Posted OnJune 9, 2020

, ByLoren Moss

Avianca Claims NYSE Delisting Won’t Directly Affect Colombian Stock Market Investors

Avianca says are unaware of any implication or effect that the NYSE’s decision could have on a Colombian investor, since all the mechanisms for negotiation in respect the Company’s preferred shares in the Colombia Securities Exchange, or BVC (Bolsa de Valores de Colombia) remain...

Posted OnJune 3, 2020

, ByLoren Moss

Avianca’s Top Creditors Revealed, One Small Bank Has Half A Billion USD In Exposure

Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) confirmed in a filing with the US Securities & Exchange Commission that the information published on May 11 by newspaper El Tiempo, relating to the bankrupt airline’s five largest creditors is accurate. One of the motions the air...

Posted OnMay 19, 2020

, ByLoren Moss

While The Global Aviation Industry Faces Crisis, Viva Air Remains In Growth Mode: Exclusive Interview With CEO Felix Antelo

Viva Air CEO Felix Antelo Tells Finance Colombia why the airline remains optimistic, and discusses its growth both domestically, and with new routes coming to the US, the Caribbean, & Ecuador.

Posted OnMay 17, 2020

, ByLoren Moss

Viva Air Seeks Colombian Government Loan

Colombian airline Viva Air Group is seeking a bridge loan from the Colombian Government tu maintain liquidity during the Coronavirus COVID-19 Pandemic

Posted OnMay 5, 2020

, ByLoren Moss

Avianca Rebuked By Colombia’s President After Announcing Ticket Sales For Unauthorized Flights

Colombian air carrier Avianca was forced to rescind advertisements seeking to sell air fares for flights in May after receiving a stern rebuke from the Colombian President, who said that any flights would be illegal.

Posted OnMay 4, 2020

, ByLoren Moss

Resistance Builds To Avianca’s Appeal For Colombian Governmental Bailout

Avianca has asked for a bailout by the Colombian government. Colombians are pointing out that the airline is majority foreign owned, and legally Panamanian, not Colombian.

Posted OnApril 30, 2020

, ByLoren Moss

Avianca Says It May Not Survive

Avianca has revealed "that substantial doubt exists as to our ability to continue as a going concern.” United Airlines said “As a consequence, we may not realize a satisfactory (or any) return on our invested or loaned funds" to Avianca & affiliates.

Posted OnApril 27, 2020

, ByLoren Moss

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Avianca Statement: “We May Have Violated The US Foreign Corrupt Practices Act”

Stormy skies are not clearing anytime soon for Avianca, it seems. Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) announced in a new filing with the US Securities and Exchange Commission (SEC) that it may have violated the US Foreign Corrupt Practices Act, or FCPA. Apparently, the...

Posted OnSeptember 1, 2019

, ByLoren Moss

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