AVIANCA secured commitment from UNITED AIRLINES and KINGSLAND HOLDINGS

Stephen Costley October 11, 2019
AVIANCA secured commitment from UNITED AIRLINES and KINGSLAND HOLDINGS to provide up to $250m in financing via 4-year loan at interest rate of 3%, which can be converted into shares at Avianca’s option or voluntarily by United and Kingsland.
Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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