Proposed Avianca-Viva Merger Could Foreshadow A Trend

Avianca narrowbody aircraft in flight
Avianca is trying to cement its lead in Colombia by buying rival Viva.
Dynamics have shifted in the Latin American airline market during the past two years. Those changes stem from the bankruptcies of the region’s three largest airline groups as well as operators forming new partnerships to capitalize on the recovery from COVID-19. Avianca aims to buy its ultra-low...

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