Time is running out for airline Viva Air to renegotiate its debts, which exceed one trillion pesos. This after acceptance of a Business Recovery Plan, on February 10, which set a deadline that expires on May 9 after 90 days. It is added that there is no clear decision on the integration with the airline […]
Tag: Avianca and Viva
Latam says it will appeal against the decision on the integration of Viva and Avianca
Latam Airlines Colombia has issued a statement that it will appeal against Civil Aeronautics’ decision to conditionally approve the integration of Avianca and Viva Air. The company indicated that it had conducted a thorough analysis of the decision to understand its scope and impact on the Colombian market, and as a result believed that while […]
There were errors in the Viva-Avianca integration procedure: PGN
The Attorney General’s Office alleged that the administrative procedure of corporate integration between the airlines Viva Air and Avianca made an error of interpretation by not being conducted under Law 1340 of 2009, but instead under the regulations of the Code of Administrative Procedure for Administrative Disputes. In other words, in the integration process, Aerocivil […]