by Daniel Martínez Garbuno | May 21, 2021 | Airlines |
Avianca starts 2021 with a $311 million net loss due to the impact of the COVID-19 pandemic. During the first quarter of the year, Avianca had total operating net revenues of US$371 million, a 60% drop compared to its pre-pandemic levels. Looking at Avianca’s finances...
by Daniel Martínez Garbuno | May 3, 2021 | Airlines |
April is over, and we’re looking at the first financial reports of 2021. The Latin American airlines had an uneven performance, with many of them facing new government travel restrictions. Others are soaring high and have good perspectives going forward. Let’s travel...
by Daniel Martínez Garbuno | Apr 1, 2021 | Airlines |
In March, we read the last financial reports of the most important Latin American carriers in 2020. GOL, LATAM, Azul, and Avianca all had significant net losses due to the impact of the COVID-19 pandemic. Plus, during March, we started to see signs of an increase in...
by Daniel Martínez Garbuno | Nov 27, 2020 | Airlines |
It has been a long year for the aviation industry. Airlines worldwide are crippled by the worst crisis ever, a problem so profound they couldn’t have imagined it. In the last months, we’ve seen some recovery figures across different markets. Now, let’s take a look at...
by Daniel Martínez Garbuno | Nov 12, 2020 | Airlines |
Colombia is one of the largest South American commercial aviation markets. During this COVID-19 pandemic, it was also one of the most affected due to severe Government restrictions, which halted all operations. Since September, the country has allowed some commercial...
