United takes no enforcement action in Avianca shareholder loan violation
United Airlines has not leveraged collateral in Avianca Holdings that could see it take control of the Colombian carrier following loan-covenant violations by majority shareholder BRW Aviation, which put up its ownership stake to guarantee a loan from the Chicago-based carrier. “United has not taken...
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.