Avianca’s Chapter 11 plan – a review
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Tag Avianca
LATAM and Avianca’s strategies to increase capacity
In the last few weeks, LATAM and Avianca have announced new agreements to increase the number of seats they can offer in the region. They’re doing it by adding more aircraft or refurbishing their current planes. Let’s analyze LATAM…
Mexico and Colombia drive Latin American recovery
So far, Mexico and Colombia drive the Latin American airline industry recovery, according to stats provided by the International Air Transport Association (IATA). These two countries remain the only ones fully open across the subcontinent. Looking at Mexico and Colombia’s…
Avianca starts 2021 with a $311 million net loss
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…
Latin American Airlines In April: Ups And Downs
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.…
An update on Latin American aviation – March 2021
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…