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//peru
1

Avianca Pilots In Peru Denounce The Airline For Reneging On Early Retirement Agreement

Not long after a bitter strike, Avianca is facing renewed labor unrest, this time from Airbus pilots in Peru who claim that Avianca is using the Coronavirus Pandemic to escape from a negotiated early retirement buyout with pilots in the neighboring country.
Posted On April 13, 2020
, By Loren Moss
ecopetrol colombia fitch ratings bogota juan carlos echeverry
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Fitch Downgrades Ecopetrol, Ocensa, Candelaria; Sura, Emgesa, UNE EPM, Isagen, GEB, TGI Stay Strong

The rating downgrades of Ecopetrol, OCENSA and A.I. Candelaria reflect the direct and indirect linkage of these companies to the Sovereign Rating downgrade of Colombia, which Fitch downgraded to 'BBB-' from 'BBB'. The ratings for Emgesa, Isagen and UNE EPM Telecomunicaciones have...
Posted On April 8, 2020
, By Loren Moss
Photo © Loren Moss
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Colombian Airline Viva Air Offers $10,000 Prize For Innovative Ideas To Support The Aviation Sector

Viva Air today issued a challenge to find solutions that incentivize passengers to return the airways. The winning proposal will win a $10,000 USD prize, provided by Viva Air and its external innovation collaborators.
Posted On April 6, 2020
, By Loren Moss
colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin
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Fitch Ratings Predicts Avianca, Digicel & Odebrect Will Be Unable To Repay Debt Due This Year

In a new report, Fitch Ratings said that it expects a combined $202 million USD in debt due this year and owed by Avianca, Odebrecht and Digicel will not be repaid by the issuers.
Posted On March 31, 2020
, By Loren Moss
Photo courtesy of Copa Airlines
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Copa Airlines Contemplates Total Temporary Shutdown of Operations

With travel restrictions in place due to the Coronavirus COVID-19 pandemic, Copa Airlines issued a filing indicating that the company will reduce capacity by 80% but may shut down completely.
Posted On March 17, 2020
, By Loren Moss
Colombia's President Ivan Duque implements measures against the Coronavirus Covid-19 Pandemic. Photo: César Carrión - Presidencia de la República
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ALL FOREIGN TRAVEL TO COLOMBIA BANNED DUE TO CORONAVIRUS

President Ivan Duque announced Sunday that Colombia, starting today, March 16, is completely closed to foreign visitors in an effort to contain the global Coronavirus COVID-19 pandemic
Posted On March 16, 2020
, By Loren Moss
medical marijuana cannabis khiron life sciences pharmacielo new colombia resources (Credit: futurefilmworks / Pixabay)
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Khiron Life Sciences Receives High THC Marijuana Cultivation Quotas From Colombian Regulators

Khiron Life Sciences this week announced that it has received manufacturing quotas from the Colombian TQG that authorize the company to manufacture high-THC whole plant extract for both export and domestic purposes.
Posted On March 9, 2020
, By Loren Moss
Left to right: Dr. Gina Tambini, representative of the Panamerican Health Organization; Dr. Marta Ospina, director of Colombia's National Institute of Health, President Ivan Duque, and new Minister of Health, Dr. Fernando Ruíz Gomez. Photo credit Nicolás Galeano, Presidencia de La República.
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Colombian Coronavirus Cases Triple Overnight, Now In 3 Cities. New Victims Returned From Spain

After the first case of coronavirus COVID-19 was diagnosed on Colombian territory in a student who had returned to Bogotá from Milan, Italy, two more cases have been diagnosed in passengers returning from Spain. The additional cases were diagnosed in Medellín and Buga, a small...
Posted On March 9, 2020
, By Loren Moss
Out of 105,828 global cases of Coronavirus, there is only 1 confirmed case in Colombia as of publication. (Infographic courtesy of Colombian Ministry of Health)
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Coronavirus Case Now Confirmed In Colombia, Victim Returned From Milan, Italy

The first coronavirus infection has been confirmed in Colombia after a 19 year old female student tested positive after returning to Bogotá from Milan, Italy. Containment protocols have been activated.
Posted On March 8, 2020
, By Loren Moss
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Coronavirus A Threat To Colombia, Latam Economies, Even Without Infections Says Fitch

Sovereign and corporate issuers in Latin America will be adversely affected by slower Chinese demand and commodity price weakness caused by coronavirus due to high commodity export dependence and direct trade exposure to China, says Fitch Ratings.
Posted On February 27, 2020
, By Loren Moss
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