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"Viva Aerobus is one of the fastest growing airlines with one of the most robust route networks in Mexico," said Manuel Ambriz of Avianca.

The battle for control of Viva goes far beyond Avianca, Jetsmart & Latam. Here are some of the key players

A Viva acquisition by a strong competitor like Latam could be disastrous for Avianca.

Mexican carrier Viva Aerobus is a separate airline from Colombian airline Viva, which has caused much confusion.

Viva Adds Cartagena To Medellín, Bogotá & Cali as a Colombian destination it directly connects with México City

During 2021, 12 airlines have announced new routes, with Colombia now ranking within the top 20 global commercial aviation markets, and third place in Latin America.

Colombia's Viva & Mexico's Viva Aerobus are separate companies with similar names but different owners and independent management.

Skyports is backed by Irelandia Aviation, which also is the largest shareholder of Colombia’s Viva Air.

The investment, said to be $70 million USD of convertible credit, brings the airline into proximity with both bankrupt Colombian carrier Avianca and Mexican carrier Volaris.

Colombian airline Viva Air Group is seeking a bridge loan from the Colombian Government tu maintain liquidity during the Coronavirus COVID-19 Pandemic