Avianca Holdings receives $50 million in financial aid

Credit: Kurt Hofmann
Colombia’s Avianca Holdings has received a short-term loan of $50 million from Kingsland Holdings, which is expected to strengthen the company’s working capital position while executing its debt re-profiling.Kingsland Holdings is an Avianca Holdings stakeholder.An Avianca statement said the...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.