In a recent declaration to Gestión, JetSMART CEO Estuardo Ortiz announced that the Chilean carrier has started the process to have a Peruvian branch, which it seeks to have domestic and international routes to operate by the first half of 2021. “The Peruvian market is healthy and has grown by about 10% in recent years and there is a trend of young people traveling again,” he said. The exit of Avianca and Peruvian Airlines from the Peruvian market has left…
After almost 3 months without any operations due to the COVID-19 pandemic, Avianca Ecuador resumed its domestic flights with 16 weekly frequencies between the cities of Quito, Guayaquil and Manta. According to the website ALNNEWS, the airline will resume its operations gradually, and in line with passenger demand for each…
After weeks of lockdown orders as a result of the COVID-19 pandemic and the aviation industry fallout that ensued, LATAM and Avianca Holdings were forced to file for Chapter 11 U.S. bankruptcy protection earlier this year. Peter Cerdá, International Air Transport Association (IATA) Regional Vice President for the Americas, recently…
Avianca Holdings and some of its subsidiaries "voluntarily file[d]" for chapter 11 bankruptcy in the Bankruptcy Court of the Southern District of New York in the U.S., the airline announced on May 10. Avianca Holdings currently oversees a number of subsidiaries, the list of which includes Columbian airlines Avianca and…
South American carrier Avianca announced a new fare structure that seeks to generate additional revenue through the sale of ancillary products. The new structure is divided into five fare groups labeled as S, M, L, XL and XXL and begins charging for seat selection along with hold luggage in the…
2019 was a hectic year for the Brazilian aviation industry, with plenty of ups and downs. Even though the economy is doing good, with the country steadily recovering from the largest recession in its history, Brazilian airlines have faced several challenges this year. Each company faced its very own arduous…
Avianca is celebrating 100 years of service as Latin America's longest operating airline. Avianca is currently the second oldest airline in the world with uninterrupted operations, coming a close second by less than two months after KLM Royal Dutch Airlines which also celebrated 100 years of service this past October.…
This week, Avianca, the oldest airline of the Americas and second oldest in the world, celebrates its 100th anniversary. However, in recent times, the airline has not much to commemorate. Its financial situation is very fragile, with not much cash remaining and a very complex debt situation. As its latest…
Colombian carrier Avianca has announced that it has reached a codeshare agreement with Brazilian carrier Gol. The agreement between the two carriers comes a few weeks after Avianca announced another codeshare agreement with another Brazilian carrier, Azul. It is worth noting that the two new codeshare arrangements with Brazilian carriers…
Avianca Brasil's asset auction took place generating more than US$147 million this week. Azul, GOL and LATAM were eligible to take part in the dispute but only GOL and LATAM came to bid. Azul said it would not participate "for not believing in the legitimacy of the process." As part…
