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//pandemic
Image by M P from Pixabay
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US State Department Urges: “Reconsider Travel To Colombia” Due To Worsening Conditions

US Department of State: Reconsider travel to Colombia due to COVID-19. Exercise increased caution in Colombia due to crime, terrorism and kidnapping. Some areas have increased risk. Read the entire Travel Advisory. 
Posted On October 30, 2020
, By Loren Moss
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Fitch Expects LatAm Electric Sector To Remain Resilient Through Pandemic

Fitch estimates 2021 and 2022 revenues and EBITDA to be approximately 9% less than prior estimates, given lower overall demand due to the economic downturn. Post-pandemic capex is expected to follow similar trends in 2020, but increase by 9% in 2021 and 15% in 2022.
Posted On October 29, 2020
, By Loren Moss
Puerto Antioquia
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Interview: Colombia’s New Puerto Antioquia Ocean Port Will Lower Costs & Boost Competitiveness

This new port, along with major highway construction projects upgrading the road connectivity, is expected to increase the competitiveness and lower the transportation cost for the export and import of goods into Colombia.
Posted On October 28, 2020
, By Loren Moss
copa airlines avianca colombia venezuela
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With Government Loan In Doubt, Avianca Secures Additional DIP Financing

Avianca says it has raised $2 billion of DIP financing, including new loans and refinancing of existing notes, despite the blockage of a $370 million USD bailout loan from the Colombian government.
Posted On September 22, 2020
, By Loren Moss
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Deliflor, Other Breeders Take Colombia’s Chrysanthemum Industry Events Online For 2020

Deliflor held its 2020 open house in conjunction with Colombia Chrysanthemum week, taken online this year due to the Pandemic travel restrictions. Still, Colombia Chrysanthemum Week 2020 online had lots to offer buyers, importers, breeders, and every link in the floriculture...
Posted On September 19, 2020
, By Loren Moss
Superintendent of Transportation, Camilo Pabón Almanza.
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Colombia’s Transportation Ministry Investigates Viva Air Voucher Policy

Colombia's Superintendent of Transportation is looking into complaints regarding the expiration date and use policy of some travel vouchers issued by Viva Air during the COVID-19 Pandemic. The airline says it is cooperating, and has already revised its redemption policy.
Posted On September 18, 2020
, By Loren Moss
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Colombian Government Announces Biosafety Protocols For Arriving International Travelers

Travelers arriving to Colombia must present a negative result of a PCR test for Covid-19 taken no longer than 96 hours before the stipulated time of travel and whoever has symptoms associated with Covid-19 will not be allowed to get on board.
Posted On September 18, 2020
, By Loren Moss
Tecnoglass Barranquilla plant
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Tecnoglass Declares Cash Dividend For Q3 2020

Coming off a record breaking second quarter, Barranquilla, Colombia based Tecnoglass (NASDAQ: TGLS) has declared a cash dividend of $0.0275 USD per share, or $0.11 per share on an annualized basis for the third quarter of 2020. The dividend will be paid to shareholders of record...
Posted On September 15, 2020
, By Loren Moss
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Despite Pandemic, Viva Air Expands With New Bogotá – Cali Route

Just days after the Colombian government allowed the restart of commercial aviation in the country, low cost carrier Viva Air has returned to expansion mode with the announcement of a new route between the Colombian capital of Bogotá and the third largest city and Colombia’s...
Posted On September 15, 2020
, By Loren Moss
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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
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