Articles tagged “jetsmart”

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…

Tourism

Disney Turmoil Can’t Hold Back Theme Parks

Today’s edition of Skift’s daily podcast looks at Disney's strong parks earnings, Michelin Guide tourism, and JetSmart's takeover ambition.

Disney Turmoil Can’t Hold Back Theme Parks

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

Airlines

Latin America Is the Future of the Airline Industry

No part of the world is seeing as many big changes to the airline business as Latin America. The final shape is still opaque, but one thing is clear for the region's aviation industry: All eyes are watching closely for how this transformation unfolds.

Latin America Is the Future of the Airline Industry