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Articles tagged “avianca”

Airline Weekly

Avianca Pushes Back on Colombia’s Conditions for It to Take Over Bankrupt Viva Air

Why isn't Avianca happy that it finally has a green light to merge with bankrupt Viva Air?

Avianca Pushes Back on Colombia’s Conditions for It to Take Over Bankrupt Viva Air

News Blog

Colombia’s Bankrupt Viva Air Shuts Down

Struggling Colombian budget airline Viva Air stopped flying late Monday, less than a month after it filed for the local equivalent of bankruptcy. The Medellin-based carrier, and Colombia's third largest, cited the delay by the country's civil aviation regulator, Aerocivil, in approval of its proposed merger with Avianca for its closure. Aerocivil has been considering…

News Blog

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…

News Blog

Colombia’s Viva Air Files for Bankruptcy, Keeps Flying

Struggling Latin American discounter Viva Air has entered the local equivalent to bankruptcy protection under Colombian law, as it works to restructure debt while awaiting a decision on its proposed merger with Avianca. The Medellin-based airline said Friday that it had filed for Colombia's Business Recovery Process, or known locally as PRE, to restructure its…

Airline Weekly

Chile’s JetSmart Enters Fray as Potential Spoiler to Viva Air-Avianca Merger

Avianca and JetSmart appear set to duke it out for Colombian discounter Viva Air.

Chile’s JetSmart Enters Fray as Potential Spoiler to Viva Air-Avianca Merger

News Blog

Travel Tech at JetBlue, Avis, Hilton and Avianca Still Seems Archaic

There's been well-deserved excitement in travel tech circles in recent years about everything from the New Distribution Capability to chatbots and the arrival of generative AI, but the reality is that much of what passes for travel technology is still backwards these days. An elevator at the Phoenix Airport car rental center on January 10,…

Airlines

Lufthansa Now Lets Passengers Bid for Seat Upgrades Until the Last Minute

Live auctions have been around for a while, but this is the first time a major airline is testing the waters, and leaving the chance to upgrade so late. It won't appeal to larger corporations, but the blended travel market could make a perfect fit.

Lufthansa Now Lets Passengers Bid for Seat Upgrades Until the Last Minute

News Blog

Colombia to Take New Look at Avianca-Viva Air Merger

Colombia's civil aviation authority, Aerocivil, is taking a new look at the proposed merger of Avianca and Viva Air following what it described as a "substantial irregularity" in its initial review. That process, which concluded in November, rejected the airlines' combination due to competition concerns. Aerocivil notified the airlines Thursday that it would "proceed quickly"…

Airlines

Avianca and Viva Launch Appeal Against Colombia’s Merger Denial

The airlines will be hoping that reducing operations in Bogota and working with state-owned Satena to boost links to Colombia’s most remote regions will appease the country's civil aviation regulator.

Airlines

Qantas Upgrades Profit Forecast On Back of Strong Travel Demand

As fleet and labor issues continue to plague the growth prospect of airlines all over the world, Australia's Qantas would rather focus on domestic tourism to boost its profit outlook.

Qantas Upgrades Profit Forecast On Back of Strong Travel Demand