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Complete with a ceremonial "baptism," Colombia's new discount airline Wingo completed its first official flight yesterday.

Fitch's assessment of the Bancolombia subsidiary was "driven by the potential support it would receive from its parent if needed."

Wingo is "designed for passengers who prefer a simple, no-frills, and reliable travel option."

Shelton will oversee a strategy of growth to raise the Bogota-based bank's presence in Colombia and target the corporate banking sector.

Five year old Brazilian reinsurance company Austral Resseguradora has received authorization to operate in Colombia and Ecuador, the Rio de Janeiro firm has announced. The firm is a subsidiary of Austral Participações S.A. Aside from operations in Brasil, Colombia and Ecuador,...

Michael R. Bloomberg today launched Bloomberg Philanthropies’ 2016 Mayors Challenge, a competition to inspire Latin American and Caribbean cities to develop bold new ideas that solve major problems and improve city life – and that ultimately can be shared with other cities. The...

Tecnoglass can be called one of the first true Colombian multinationals, going beyond selling to other Latin American countries and establishing a significant market presence in the United States, which now accounts for more than half of revenues. With headquarters on Colombia’s...

Colombia’s civil aviation authority, Aeronautica Civil, also known as Aerocivil,  approved 57 new airline routes requested by airlines in 2015, including 34 national and 23 international routes. From the dates of approval, airlines have up to 180 days to provide service on those...

ACE Limited announced the leadership team it intends to appoint for the Latin America region of the new Chubb Group’s Overseas General Insurance division, which includes Argentina, Brasil, Chile, Colombia, Ecuador, México, Panamá, Peru, Puerto Rico, Central America and the...

According to ANATO, the Colombian Association of Travel Agencies and Tourism, the US continues to be the top international travel destination for Colombians, a position it has held for almost a decade. The most popular travel packages are trips to Orlando and New York Cit...