Avianca Defends Viva Air Deal as Latam Airlines Shows Interest

It may be a full on bidding war for bankrupt Colombian budget airline Viva Air. Latam Airlines has expressed interest in acquiring the carrier, joining Chile's JetSmart, and put Avianca in defense mode over its proposed merger with Viva.

"The 'proposals' of the competitors that have expressed their alleged interest in Viva are, by all accounts, unfeasible, late and seem more of a distraction in the face of the request for integra