Interview: Anko van der Werff, Avianca CEO

By Kurt Hofmann Nov 13, 2020
Avianca CEO Anko van der Werff tells ATW correspondent Kurt Hofmann about a year like no other and explains the airline’s future plans as it looks to emerge from Chapter 11 bankruptcy protection.
Expert Opinion

Avianca Could Emerge From Bankruptcy Up To 40% Smaller

By Lori Ranson Nov 12, 2020
As it continues to work through a Chapter 11 restructuring, Avianca Holdings is planning to emerge from the process as a much leaner airline.
Airlines & Lessors

Avianca Receives Court Approval To Access $2B In Bankruptcy Financing

By Ben Goldstein Oct 05, 2020
Avianca Holdings received approval from a U.S. federal court to tap over $2 billion in debtor-in-possession (DIP) financing, marking the latest step in its attempted restructuring after seeking Chapter 11 bankruptcy protection in New York on May 10.
Airlines & Lessors

Avianca Plans To Serve 16 International Destinations By Mid-October

By Sean Broderick Sep 25, 2020
Avianca will restart international flying from Colombia Sept. 28 and gradually increase destinations while enforcing strict protocols for passengers to guard against the spread of the novel coronavirus, the airline said Sept. 25. 
Airlines & Lessors

Colombia’s Loan To Avianca Held Up In Legal Tussle

By Lori Ranson Sep 18, 2020
South American operator Avianca Holdings has hit a stumbling block in its Chapter 11 restructuring after a Colombian court issued an injunction against a $370 million loan the country’s government has offered to the company. 
Airlines & Lessors

Editorial: Latin America’s perilous stranglehold on connectivity

By Karen Walker Aug 31, 2020
Argentina was scheduled to reopen its borders and permit airlines to fly in and out of the country on Sept. 1 after almost six months of mandatory closure. It won’t happen.
ATW Opinion

Avianca Lands Colombian Financing As Part Of Restructuring

By Sean Broderick Aug 31, 2020
The Colombian government has agreed to loan Avianca Holdings up to $370 million as part of a restructuring designed to get the airline back on solid financial footing. 
Airlines & Lessors

With No State Aid Forthcoming, Avianca Files For Bankruptcy

By Jens Flottau May 11, 2020
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.
Airlines & Lessors

Avianca Launches Cargo Flights To China Using 787-8

By Kurt Hofmann May 01, 2020
Avianca has operated its first cargo flight between Colombia and China using a Boeing 787-8 passenger aircraft reconfigured to carry general cargo and medical supplies.
Airlines & Lessors

Avianca Halts All Flying As Latin American Carriers Face COVID-19

By Ben Goldstein Mar 24, 2020
Bogota-based Avianca announced it will temporarily cease all passenger flying, as a cascading series of travel restrictions across Latin America forces carriers to halt operations or scale back to skeletal levels.
Airlines & Lessors

Avianca Suspends International Operations, Cuts Domestic By 84%

By Kurt Hofmann Mar 20, 2020
Colombia’s Avianca will suspend all international flying and slash domestic capacity by 84% from Mar. 23, in a move to deal with the continuing effects of the COVID-19 pandemic.
Airlines & Lessors

Avianca Execs Confident In Turnaround Following Bruising 2019

By Ben Goldstein Feb 28, 2020
Avianca executives are confident that the carrier’s financial performance will trend toward profitability this year, following a challenging 2019 that saw the Bogota-based airline realize a net loss of close to $900 million. 
Airlines & Lessors

Avianca Expands European Service With TAP Codeshare

By Kurt Hofmann Feb 21, 2020
Bogotá-based Avianca will launch a codeshare with Lisbon-based TAP Air Portugal from Feb. 27 to further expand its European presence. 
Air Transport

Avianca CEO: Governments, Air Transport Industry Must Work Together

By Kurt Hofmann Feb 03, 2020
Bogotá-based Avianca Holdings plans to strengthen its hub at El Dorado International Airport as its most important air-connection center in the region; however, the infrastructure must be improved, and decisions must be made quickly.
Air Transport

Avianca Shuffles Airbus A320neo Order Book; Adds BOC Leases

By Sean Broderick Jan 07, 2020
Avianca Holdings, pressing on with its sweeping “Avianca 2021” revamp, has re-worked its Airbus A320neo order book, canceling 20 aircraft, deferring remaining deliveries until the second half of the decade, and signing on to lease additional models from BOC Aviation.
Air Transport