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Viva Air parent Irelandia Aviation, has announced a “thank you gift” of 2% of shares to Viva Air employees as a reward for what it calls the significant milestones it has achieved in the airline’s 8-year history.

Ryan takes over the president role from VivaColombia founder William Shaw as the carrier continues its major expansion plans.

Ryanair investment arm Irelandia Aviation has increased its ownership of VivaColombia from 25% to 75% to take the majority stake in Colombia’s only discount airline. In announcing the move, it highlighted Colombia’s potential for growth and said it plans to continue...