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In December 2019, Avianca and its subsidiaries (NYSE: AVH) (BVC: PFAVH) transported 2,546,232 passengers, a 6% decrease compared to December 2018.

Über's Vice President Justin Kintz shares thoughts on the disappointing environment in Colombia for ride-sharing & alternative transportation methods.

Growth in public debt burdens and fiscal deficits in many Latin American countries over the past decade will undermine the ability of governments to respond to shocks and a sharper than expected global slowdown in 2020, says Fitch Ratings. Weakening fiscal dynamics have been a...

Fitch Ratings has assigned a ‘BB+’ rating to TermoCandelaria Power Ltd.’s proposed notes reopening of up to $200 million USD under its 7.875% senior unsecured notes due 2029. TermoCandelaria initially issued $410 million in senior unsecured notes in January 2019...

Royal Road Minerals Limited (TSXV:RYR) has announced the appointment of Vernon “Vern” Arseneau as Executive Director and Chief Operations Officer of the Company. Vern is a founding Director of Royal Road Minerals having served on the company’s board since its inception in 2010....

Colombia’s economy continues to grow, and the country attracts more foreign direct investment every year. Just this October, over a billion US dollars in FDI was announced at investment Promotion Agency ProColombia’s 2019 Investment Summit. Colombia’s capital of 9 million souls,...

S&P Global Ratings last week raised its issuer credit rating to ‘B-‘ from ‘SD’ and its issue-level rating on the 9% senior secured notes due 2023 to ‘B-‘ from ‘CCC-‘ and the 8.375% senior unsecured notes due 2020 to...

The Kingdom of Saudi Arabia has granted phytosanitary certification for exports from four Colombian beef processors, allowing Colombian ranchers to tap into Saudi Arabia’s $400 million USD beef market. Red Cárnica S.A.S. from Córdoba (belonging to Athena Foods, of Minerva...

Vostock Capital´s team of analysts has prepared a report on the status of desalination industry in mining. The need for desalination in the mining sector continues to increase; today we see the existence of vast mineral reserves in Chile, Peru and other countries, with plans to...

Frontera Energy Corporation (TSX: FEC) last week announced its full year 2020 capital plan and guidance information. According to the company, the 2020 plan and guidance has been developed with the following four key objectives: Delivering sustainable levels of production and...