Avianca Peru, Avianca Holdings subsidiary airline, has begun a liquidation process. The airline is being dissolved after its parent company began voluntary bankruptcy proceedings earlier in May 2020. ...
On May 10, 2020, Avianca Holdings, the second-largest airline group in Latin America, filed voluntary petitions under Chapter 11 in New York, the United States. The company states the move was necessary to navigate the negative consequences of the COVID-19 pandemic. This is the second time Avianca enters administration in its 100-year history. ...
An Avianca flight declared an emergency after suffering a sudden loss of altitude that injured eight people on board....
BOC Aviation placed a firm order with Airbus for 20 A320neo aircraft, the manufacturer announced on January 7, 2020. At least ten of the aircraft (and up to twelve in total) would go to the lessor’s new customer ‒ Avianca Airlines....
While bankruptcies in the aviation industry is nothing new, 2019 saw several high-profile insolvency cases throughout the year, including such airlines as Jet Airways, WOW Air and Thomas Cook Airlines:...
These days U.S. legacy carriers are vying for their piece of the Latin America cake. The latest in line – United Airlines. Brazil’s Azul Linhas Aéreas is reportedly in talks to join United, along with Avianca Holdings and Copa Holdings, in a partnership for flights between the U.S. and Latin America. With Delta’s newly acquired 20% stake in Chilean carrier LATAM and American Airlines’ alleged negotiations with Brazi...
Avianca Brasil operations were suspended by the ANAC, the Brazilian authority for civil aviation, “as a precautionary measure”....
It is an interesting week for Airbus. Two days after the plane maker announced signing a deal for 100 aircraft, another company’s client, already holding same size deal, opened up about having second thoughts. ...
The language barrier between a diverted Lufthansa flight and a Cali air traffic controller led to a confusing, and potentially dangerous situation. Luckily, another pilot on an Avianca Brazil flight was here to save the day....
SMBC Aviation Capital and South American airline Avianca announced an agreement for the purchase and leaseback of eleven aircraft. This transaction comprises of nine A320 NEO aircraft inclusive of Pre Delivery Payment (“PDP)” facilities provided partly by Sumitomo Mitsui Banking Corporation for these same nine aircraft and two standalone A321 NEO aircraft....
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_crop.jpg "Authorities suspend Avianca Brasil operations")
_at_miami_international_airport_crop.jpg "Airbus orderbook variations: 100 planes in, 50 out?")
