All Avianca articles – Page 3

  • Copa 737 Max 9
    In depth

    Latin American aviation’s coronavirus slumber far from over


    As the global aviation industry gets used to the idea that a rebound may take three years, the sector in Latin America is looking at a particularly difficult recovery, as airlines report staggering losses, borders remain closed and governments continue withholding aid.

  • LATAM 787

    More Latin American airlines could face liquidity shocks


    LATAM and Avianca are Latin America’s first carriers to file for bankruptcy protection amid the pandemic, but they are unlikely to be last considering the slow pace at which the region’s governments have implemented financial assistance programmes.

  • avianca 787

    Avianca reorganisation begins


    Avianca says initial motions in the proceedings for reorganisation under its Chapter 11 bankruptcy filing have been approved by the US Bankruptcy Court for the Southern District of New York, allowing it to pay employees and creditors and maintain some operations.

  • Avianca 787

    Avianca to cut back fleet and close Peru division


    Latin American carrier Avianca is to shut down its Peruvian division, and cut back the fleet of other carriers, as part of the reshaping of the company being undertaken following its filing for Chapter 11 bankruptcy protection. Avianca Holdings sought protection on 10 May in a joint filing covering ...

  • Avianca Brasil

    Avianca voluntarily files for Chapter 11 protection


    Latin American operator Avianca is voluntarily filing for Chapter 11 bankruptcy protection with a New York court, to give the company time to re-organise its business. Avianca Holdings says the filing request, with the Southern District of New York bankruptcy court, is “necessary” given the “unpredictable impact” of the ...

  • avianca 787

    Avianca ceases domestic flights through mid-April


    Avianca has suspended domestic flights through at least 12 April, citing the Colombian federal government’s closing of the country’s airspace, which commences 25 March.

  • Avianca A319

    A319 upset included altitude loss and overspeed


    Investigators have disclosed that an in-flight upset involving an Avianca Airbus A319 resulted in a 2,500ft loss of altitude. The aircraft had been operating a San Jose-Bogota flight and was cruising at 37,000ft, with the captain as the flying pilot, when the incident occurred. French investigation authority BEA, ...

  • Avianca A321neo

    Avianca directs cancellations at A321neo fleet


    Colombian carrier Avianca has cancelled or converted much of its Airbus A321neo order, switching some to the smaller A320neo variant. The change, listed in Airbus’s latest backlog revision, follows a previous cancellation of 62 A320neos by Avianca’s parent company Synergy Aerospace. Synergy wiped out its A320neo orders in ...

  • Avianca A320neo

    Avianca latest to probe relationship with Airbus


    Colombian carrier Avianca has engaged a law firm to conduct an independent internal investigation into its relationship with Airbus, after the airline was linked to the extensive probe into alleged bribery involving the airframer. French authorities have disclosed that Airbus orders from airlines including Avianca, Air Arabia, Korean Air, ...

  • Avianca A319

    Avianca crew hospitalised after A319 diversion


    Four occupants of an Avianca Airbus A319 have been hospitalised after an apparent turbulence incident and a diversion to Panama City. The aircraft had been operating the AV693 service from San Jose to Bogota on 23 January, says the carrier. Diversion of the flight, which had been operating ...

  • A320neo Avianca

    Avianca cancels 20 A320neo orders


    Colombian airline Avianca has cancelled 20 Airbus A320neo purchase commitments and delayed Airbus deliveries of A320neos until 2025, marking another step in the carrier’s financial transformation effort. “The company has reduced its firm commitments to 88 A320neo aircraft from 108,” Avianca says in a 7 January media release. “Previously ...

  • News

    ​Avianca gives up on acquiring Aeromar


    Avianca has confirmed that it is no longer interested in buying Mexican regional operator Aeromar, as the Colombian carrier focuses on executing a strategic plan to restore profitability within its core business in its home country and Central America.

  • News

    Latin American airlines embrace equity ties with larger carriers


    Leaders of Latin American carrier expressed optimism on 28 October about the increasingly common joint ventures and airline-airline equity investments, while also downplaying regional challenges as workaday hurdles.

  • News

    Avianca to codeshare with Gol as it overhauls business


    Avianca has disclosed that it will begin a codesharing agreement with Brazil's domestic market leader Gol, further expanding the Colombian flag carrier's network in South America's largest aviation market as it moves forward from a challenging year.

  • News

    Copa chief says three-way JV behind schedule


    ​The paperwork for anti-trust immunity for a joint venture between United Airlines, Panama's Copa Airlines and Colombia's Avianca will likely not be filed with regulators until next year, thus pushing back a potential start for the project to 2021 at the earliest, Copa's chief executive Pedro Heilbron said at the ...

  • News

    Avianca returns to Honduras domestic market


    ​Avianca has resumed service between Tegucigalpa and San Pedro Sula, returning to the Honduran domestic market less than a year after abandoning it.

  • News

    Banker quits Credit Suisse, takes CFO role at Avianca


    Adrian Neuhauser has left Credit Suisse to take over the head financial role at Avianca as the airline moves through a period of leadership turmoil.

  • News

    Avianca names Van der Werff as new CEO


    ​Avianca has appointed former Aeromexico executive Anko van der Werff as its new chief executive, effective 15 July.

  • News

    Avianca credit lowered a notch by Fitch


    ​Fitch Ratings has downgraded Avianca one notch to "B-" with a negative outlook citing the airline's high financial leverage.

  • Cho Yang-ho

    SNAPSHOT: Putting numbers on the legacies of airline leaders


    With airline leaders gathering in Seoul for the IATA AGM, we use Cirium's Fleets Analyzer and schedules data to measure the legacies of the chief executives who have left their roles in the past 12 months. The AGM takes place in South Korea just weeks after the death of long-serving ...