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Articles tagged “avianca”

Airlines

United Moves to Oust Avianca Chairman

German Efromovich did this to himself, after offering United majority stake in the airline as collateral for a loan. If he leaves, control could transfer to its second-largest investor, Kingsland Holdings.

Ezra Fieser and Justin Bachman, Bloomberg | 3 years ago
United Moves to Oust Avianca Chairman

Airlines

Control of Struggling Avianca Could Pass to United Due to Loan Breach

Uncertainty is never good for investment, and right now it's taking a major toll on the airline.

Ezra Fieser , Bloomberg | 3 years ago
Control of Struggling Avianca Could Pass to United Due to Loan Breach

Airlines

Avianca Brasil in Talks for Cash Infusion While It Downsizes Operations

Avianca Brasil is looking for a lifeline as it cancels routes and sees its aircraft grounded. A viable path forward isn't very clear at the moment.

Fabiana Batista and Paula Sambo, Bloomberg | 3 years ago
Avianca Brasil in Talks for Cash Infusion While It Downsizes Operations

Airlines

Avianca Is Latest Airline To Pull Out of Venezuela Because of Political Crisis

Airlift is one of the most important factors in growing a tourist arrivals and if Venezuela keeps giving airlines reasons to leave, then its economy will plunge even further.

Christine Jenkins, Bloomberg | 5 years ago
Avianca Is Latest Airline To Pull Out of Venezuela Because of Political Crisis

Airlines

Avianca’s Second-Largest Shareholder Is Not Happy with new Avianca-United Partnership

Does the drama ever end for United? It has been named in a New York lawsuit alleging it underpaid for its commericial arrangement with Avianca, a South American airline. However, the issues seem to be more related to the actions of Avianca's controlling shareholder than on United's actions.

Christine Jenkins, Bloomberg | 5 years ago
Avianca’s Second-Largest Shareholder Is Not Happy with new Avianca-United Partnership

Airlines

Delta and United Might Be Vying to Invest in Avianca

United and Delta already both own pieces of Brazilian airlines, with Delta holding 16 percent of Gol and United with 5 percent of Azul. But both apparently see more opportunity in South America, which makes sense considering Latin American carriers have lagged the rest of the world in profits in recent years. There's probably more upside in the region than elsewhere.

Michael Sasso and Christine Jenkins, Bloomberg | 6 years ago
Delta and United Might Be Vying to Invest in Avianca

Airlines

Airline Giants Eye Avianca as Smart Latin American Foothold

Airlines know that Latin America may be down right now, but they also know that it will be up soon, and now is the time to get better positioned for the better days.

Sabrina Valle and Christine Jenkins, Bloomberg | 6 years ago
Airline Giants Eye Avianca as Smart Latin American Foothold

Airlines

Delta and United Consider Bids to Buy Colombia’s Avianca

These aren't great times for South American airlines, but the market will improve, and Delta or United are in a good position to make a deeper investment in the region.

Matthew Monks, Bloomberg | 6 years ago
Delta and United Consider Bids to Buy Colombia’s Avianca

Airlines

Latin American Airlines Consider Mergers to Help Them Rise out of the Doldrums

It's like the 2000s in North America all over again.

Christiana Sciaudone and Jonathan Levin, Bloomberg | 7 years ago
Latin American Airlines Consider Mergers to Help Them Rise out of the Doldrums

Airlines

Azul and JetBlue Founder Neeleman Gets Majority Stake in TAP Airlines

It will be interesting to see how Neeleman and company position TAP. Will the center of Lusophone aviation shift to Brazil?

Christiana Sciaudone and Henrique Almeida, Bloomberg | 7 years ago
Azul and JetBlue Founder Neeleman Gets Majority Stake in TAP Airlines