Breaking
Trulli
An Avianca A320neo (Photo: AirlineGeeks | Ben Suskind)

Avianca, SKY Merge, Creating Large South American Low-Cost Airline

Avianca — the Colombian airline which in May 2020 requested to file for bankruptcy in the U.S. for the second time in 20 years — announced today a new business move that will allow it to consolidate its operation in the domestic and international market. According to the Diario Financiero de Chile, SKY Airline CEO Holger Paulmann said yes to the merger with the Colombian carrier, with the aim of becoming the largest low-cost airline in Latin America. This comes…

Indian Government Blocks Merger of Jet Airways and JetLite

The Indian government has formally rejected the proposed merger of Jet Airways and JetLite, its regional low-cost subsidiary. The decision comes three years after the airline's board approved the merger. In a filing to the Bombay Stock Exchange, Vice President of Global Compliance and Company Secretary Kuldeep Sharma said that…