Avianca returns to bankruptcy protection
The second largest airline in South America, Avianca is in serious danger of going bankrupt. On Sunday, the…
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Bankruptcy
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Alitalia will have control assumed by the government
Alitalia is about to be rescued by the Italian government. The country’s flagship airline, which was looking for…
In debt, South African Airways goes through the biggest crisis in its history
About to complete 86 years of existence on February 1st, South African Airways is going through the most…
Brazilian court orders Avianca to return seven planes to Airbus
Banned from flying since May, the airline Avianca Brasil still has seven A318 jets held at airports in…
Thomas Cook collapses and leaves thousands of passengers on the ground
The list of airline bankruptcies increased on Monday with Thomas Cook. The world’s oldest travel company, founded in…
With LATAM, Gol and Azul interested, Avianca Brasil auction will be divided into seven units
The creditors of Avianca Brasil, which is bankruptcy protection, have agreed to the proposal that will auction off…
If survives, Avianca Brasil will become a small airline
After presenting its recovery plan on Monday and which will be analyzed by the company’s creditors on March…
Azul Linhas Aereas is expected to take over most of the Avianca Brasil airplanes and routes
Azul Linhas Aéreas announced on Monday an agreement to purchase the main assets of competitor Avianca Brasil for…
Avianca Brasil to lose one third of its fleet of airplanes
The crisis experienced by the airline Avianca Brasil, fourth largest Brazilian airline, has gained more serious chapters in the…
Avianca Brasil files for bankruptcy protection
Avianca Brasil, an airline belonging to the Synergy Group (which also owns Avianca Colombia and has no direct…