Avianca

Avianca simplifies fleet, chooses Boeing 787-8 Dreamliner for long-haul service

Avianca simplifies its fleet by choosing Boeing 787-8 Dreamliner aircraft to operate its long-haul flights....


Avianca files motion seeking certain approvals related to exit debt financing

Avianca seeks legal approval for documents related to debt financing, which marks the airline’s first step towards exiting bankruptcy....


Spoiled birthday: Avianca struggles and Chapter 11 (Part II)

While Avianca celebrated its 100th birthday, its celebratory party was stopped short. Already in peril due to drama that preceded the current crisis, the airline has some tough sky to clear....


Aeromexico, Avianca and LATAM: at what chapter it all went wrong?

A trifecta of bankruptcies affected the Latin American aviation industry, as Aeromexico, Avianca and LATAM all are operating under Chapter 11 bankruptcy proceedings. But where did it all go wrong?...


Avianca gets approval for $2 billion financing package

The Colombian airline Avianca announced that the U.S Bankruptcy Court approved its financing plan for over $2 billion, which should help the airline avert its extinction. It seems that the ongoing airline’s battle for crucial financial injection slowly comes to the end.  ...


Avianca fights for over $2 billion financing

The Colombian airline Avianca announced that it has secured commitments for debtor-in-possession financing for over $2 billion. The airline desperately tries to save a financing package that is a key to the existing bankruptcy protection....


Family ties & state money: Avianca’s loan raises disputes

Colombia’s flag carrier Avianca has almostly lost hope of getting up to $370 million state loan, yet still continues to fight for survival. The airline filed an appeal on Colombian court’s decision to suspend the payout of a major loan that had been already approved. However, the decision to block the loan is based on allegedly controversial details of the financial injection....


From 100 to 0: Is Avianca behind BOC Aviation A320neo order drop?

BOC Aviation has cancelled its order for 18 A320neo aircraft after the lessor’s customer decided to buy the aircraft straight from Airbus....


Struggling Avianca to get up to $370 million state loan

Fighting-for-survival Columbian airline Avianca is about to get the government's support. Colombian government will lend up to $370 million to the struggling carrier and will participate in the airline‘s restructuring process....


Neglected after first flight: story of Avianca Boeing 787-9

Avianca’s Boeing 787-9 has a unique story. Unlike many other aircraft currently parked due to technical issues, financial difficulties or COVID-19, Avianca’s Dreamliner was grounded straight after leaving the manufacturer’s assembly line....