June 25, 2019 4:42 am ET
April 23, 2019 8:00 am ET -
Indigo Partners Interested in Avianca Brazil’s Assets
Last week, Azul Airlines backed out of a deal to take over 30 Airbus A320 family aircraft as well as 70 slots from Avianca Brazil, valued at US$105 million, following the recent creditor approval of the carrier’s recovery plan which involves…
March 13, 2019 10:00 am ET -
Azul Brazilian Airlines Expresses Interest in Avianca Brazil Assets
In a surprising move, the CEO of Azul Brazilian Airlines, John Rodgerson, announced that Azul is interested in buying most of the assets from Avianca Brazil, which is going through bankruptcy protection. The statement came as a surprise because Rodgerson…
January 14, 2019 7:16 am ET -
Avianca Brazil Faces Aircraft Reposession
Last December, Avianca Brazil filed an injunction for a protective measure, as it failed to cover the bill for Aircastle’s 10 Airbus A320 and one A330 leased aircraft it was operating. During this past weekend, prior to this Monday protective…
January 3, 2019 8:00 am ET -
Avianca Crises in Brazil Urge Government to Allow 100 Percent…
After a series of events, Avianca Brazil, a subsidiary of Colombia's Avianca and known in Brazil as former OceanAir, filed for the Brazilian equivalent of Chapter 11 bankruptcy on Dec. 10, 2018. The crises in the airline intensified after two…