With No State Aid Forthcoming, Avianca Files For Bankruptcy

Avianca
Credit: Joe Pries
Avianca Holdings, one of Latin America‘s largest airlines, has filed for chapter 11 bankruptcy in New York after failing to secure a government bailout before the deadline for a $66 million bond repayment due this month. “Avianca is facing the most challenging crisis in our 100-year history as we...

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With No State Aid Forthcoming, Avianca Files For Bankruptcy is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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