viva air Archives

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…

Edward Russell | 1 year ago

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…

Edward Russell | 1 year ago

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.

Tom Lowry | 1 year ago

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.

1 year ago

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"…

Edward Russell | 1 year ago

Airlines

Azul Brazilian CEO Doesn’t Expect Ultra Low-Cost Carrier Competitors

Azul Brazilian Airlines CEO John Rodgerson is pretty confident he won't see any competition any time soon. Many carriers have said the same thing about their respective markets — and then got disrupted.

Dawit Habtemariam | 1 year ago

News Blog

Colombia Blocks Avianca and Viva Air Merger

The Avianca and Viva Air merger has hit a major roadblock with Colombian authorities objecting to the proposed combination. The move could be a blow to Avianca's plan to create a pan-South American airline group with Brazil's Gol. Colombia's Civil Aeronautics Authority, or Aerocivil, said Tuesday that the merger of the country's first and third…

Edward Russell | 1 year ago

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.

Edward Russell | 1 year ago