Other News for SAM Colombia

  • EASA acts on Fokker jet wing-icing

    European regulators are mandating the fitting of on-ground wing leading-edge heating systems on Fokker 70s and Fokker...

  • News Listings for SAM Colombia

  • EASA acts on Fokker jet wing-icing

    News | 22 Jan 2009 18:00 | Kieran Daly

    European regulators are mandating the fitting of on-ground wing leading-edge heating systems on Fokker 70s and Fokker 100s following a series of icing-related...http://www.flightglobal.com/news/articles/EASA-acts-on-Fokker-jet-wing-icing-321478/
  • EASA acts on Fokker jet wing-icing

    News | 15 Jan 2009 10:13 | Kieran Daly

    <p>European regulators are mandating the fitting of on-ground wing leading-edge heating systems (OGWLEHS) on Fokker 70 and Fokker 100 aircraft following a series...http://www.flightglobal.com/news/articles/EASA-acts-on-Fokker-jet-wing-icing-321109/
  • Colombia formally scraps Alianza Summa

    News | 12 Nov 2003 08:42 | Rainer Uphoff

    <body lang=EN-GB style='tab-interval:36.0pt'> <div class=Section1> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>Colombia’s Alianza Summa alliance has officially been dismantled, a step largely expected after the grounding of carrier ACES in August.</p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>Although the alliance continued to exist formally following the ACES termination, its effectiveness had been largely diminished because alliance member Avianca owns and controls the group’s third member, SAM Colombia.</p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>A spokesman for Avianca says: “This decision has no influence on the operations of Avianca as Alianza Summa acted only as an umbrella brand name to the airlines participating in the alliance – which at all times continued to operate independently.”</p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-marhttp://www.flightglobal.com/news/articles/Colombia-formally-scraps-Alianza-Summa-275390/
  • Colombian majors merge

    News | 12 Mar 2002 00:00

    <p>After 18 months of talks, Colombia's two major carriers, Avianca and ACES-Colombia, have combined with Avianca's domestic subsidiary SAM Colombia to form the country's largest airline. The move is essentially an operational and administrative merger, underwritten by Colombia's National Coffee Federation and investment group Valores Bavaria (ValBavaria). </p> <p>The new airline will hold 67% of Colombia's air transport market and is expected to generate revenues of around $800 million during its first year. </p> <p>ACES-Colombia chief executive and president Juan Emilio Posada is to head the new airline. Although the three carriers will retain their original identities, they will operate under a new name yet to be announced.</p> <p>"The alliance between ACES, Avianca and SAM will significantly strengthen these airlines, allowing them to compete in an increasingly globalised market," says Posada.</p> <p>With Avianca posting losses of $125.8 million last year and ACES-Colombia expehttp://www.flightglobal.com/news/articles/Colombian-majors-merge-144452/
  • ACES enjoys bright 2000

    News | 05 Apr 2001 20:05 | Rainer Uphoff

    <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span lang=EN-GB style='mso-ansi-language:EN-GB'>Colombian carrier ACES has significantly increased its market share and posted a profit for 2000, in contrast to the financial difficulties of its planned merger partner Avianca.<u1:p></u1:p></span></p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span lang=EN-GB style='mso-ansi-language:EN-GB'>Despite increased costs of 35% during 2000, largely stemming from rising fuel prices, currency devaluation and an inflation rate of nearly 9%, ACES managed to post a positive operating income of COP2.7 billion ($1.2 million).<u1:p></u1:p></span></p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span lang=EN-GB style='mso-ansi-language:EN-GB'>On top of operating revenues of $192 million, the sale of aircraft also enablehttp://www.flightglobal.com/news/articles/ACES-enjoys-bright-2000-249299/
  • ACES' strength to give it 50% in Avianca merger

    News | 09 Mar 2001 10:19 | Rainer Uphoff

    <body lang=EN-GB style='tab-interval:36.0pt'> <div class=Section1> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-layout-grid-align:none;text-autospace:none'>Colombian carriers ACES and Avianca have extended the negotiation deadline for their proposed merger to 19 April and expect a joint holding company to emerge soon after this date.</p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-layout-grid-align:none;text-autospace:none'>The airlines’ proposal has already been presented to the Colombian competition and civil aviation authorities and a preliminary approval is expected by the end of March.<u1:p></u1:p><u2:p></u2:p><o:p></o:p></p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-layout-grid-align:none;text-autospace:none'><u3:p></u3:p>Under the plan the airlines, including Avianca regional affiliate SAM Colombia, will retain their brand identities, but manahttp://www.flightglobal.com/news/articles/ACES-strength-to-give-it-50-in-Avianca-merger-248502/