Articles tagged “avianca”

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Avianca’s Bold Test for a Legacy Airline Becoming a Low-Cost Carrier

Colombia's Avianca has ambitious plans for its post-bankruptcy future, not least of which is transforming itself into a low-cost carrier from a traditional full-service airline. But the sector has become crowded in Latin America, with the likes of Volaris, JetSmart, and Viva Air Colombia baying at the door to Avianca's home turf.
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Avianca Restructuring Plan Backed by United Airlines, Most Creditors

After a day-long hearing, Avianca will have to wait a little longer to find out if a U.S. bankruptcy court judge will approve its restructuring plan. But with the vast majority of creditors, including partner United Airlines, backing the plan, approval is widely expected.
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Avianca CEO Rebuilding the Airline for a Future With Half the Business Travelers

Avianca's CEO Adrian Neuhauser has a severe — but maybe realistic — outlook for business travel: it will only come back to maybe half its pre-pandemic levels. With that in mind, he is focused on rebuilding the airline for a more leisure-oriented future but in a way that sets Avianca apart from its discount competitors.