07 Dec 2012
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A little victory for former colonies: Avianca owner may purchase Portugal’s largest airline
TransportBrazilian investor German Efromovich, owner of the Synergy group that controls the Avianca airline brands, submitted a binding offer for Portuguese state-airline TAP SA. “I can confirm that the proposal was submitted within the deadline,” Paulo Fidalgo, a spokesman for Synergy in Lisbon, said in a telephone interview, declining to provide details. Synergy, the only [...]
10 Oct 2012
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Avianca to kill off the Taca brand; new unified airline to launch next year
TransportAviancaTaca, the third largest airline group in Latin America, will change is branding under a unified Avianca name by first half of 2013, it announced today. All its regional airlines in Colombia, Ecuador, Peru, El Salvador, Costa Rica and GUatemala will be unified under the Avianca brand. Post announcement, the company has taken to its [...]