Avianca Announces Financing Agreement
@Avianca In an attempt to alleviate its financial pressures, Avianca will receive a $250 million USD loan.
FTAI Buys Avianca Planes
@Avianca FTAI will acquire fourteen narrowbody aircraft.
Avianca Halts Lease Payments
@Avianca According to its latest press release, Avianca will defer payments on its long-term leases in an effort to save cash.
Colombian Regional Carrier to be Created by Avianca Holdings
The Latin American airline created through a merger between Avianca and TACA Airlines has announced its plans to launch a regional carrier. Avianca Holdings’ intentions are to introduce the new regional carrier in Colombia with a total fleet of 10 aircraft, eyeing a start from Medellin Olaya Herrera Airport. Expectations are that the first available […]
Possible Consolidation Ahead in 2018 for Avianca Holdings
Avianca Holdings is increasing attention to consolidation options available for the year as it is planning future expansion and stabilization of presence in markets such as Brazil and Mexico. The company is currently in partnership with United Airlines. Their mutual work was planned to end by the end of 2018 but negotiations are now proposing […]