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Avianca Brasil will be divided into seven parts that will be sold at auction

Offers will come from LATAM and GOL

The bankrupt airline Avianca Brasil will be divided into seven parts that will be sold separately at auction. Regional rivals LATAM Airlines and GOL Linhas Aereas Intelligentes announced yesterday that they will participate in the auction by submitting offers for some of these packages, which will probably mainly concern slots and the loyalty program. The decision of the court of San Paolo closes the...

M/A - 1220540
São Paulo, Brazil, 04/04/2019 12:58
AVIONEWS - World Aeronautical Press Agency

AirlinesAir Premia is aiming for the long range

The Korean carrier purchases five B-787/9 "Dreamliner" aircraft

The new Korean carrier called Air Premia has purchased five B-787/9 "Dreamliner" aircraft from Boeing with the aim of entering the long-range market. The airline, which aims to be among the most competitive... more

AirlinesAvianca Brasil: 10 airplanes grounded for missed payments

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The São Paulo Court of Appeal revoked the order that allowed Avianca Brasil to continue to use 10 of its aircraft for which it had been requested to be grounded by the proprietary companies, due to the... more

AirlinesAvianca Brasil: Elliott fund will finance recapitalization

$ 75 million to control 49% of the new company

The fund Elliott Management would be ready -according to the Brazilian newspaper "Valor"- to extend the loan to Avianca Brasil to the airline in a state of insolvency of $ 75 million, so as to allow it... more

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