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During peak summer season, from June 8 to August 14, United Airlines will make two flights per day between Newark and Bogotá.

Avianca's filing calls Roberto Kriete of Kingsland a “disloyal director who has worked actively to undermine the company’s strategic goals.”

Though adding a strategic partner could be a positive development, Fitch Ratings views Avianca's liquidity as low.

Avianca currently has four weekly flights to Los Angeles, and its upcoming daily route will be operated by a Boeing 787 Dreamliner.

Details of an alliance between Avianca and United Airlines "are yet to be negotiated," but the Star Alliance carriers are working to formalize a long-term deal.

Offers are due by November 9, and a majority share may reportedly be on the table.

"The sale process has started" for a one-fifth holding in the Brazilian airline.