Colombian flag-carrier Avianca has lined up a $2 billion bankruptcy-loan package to finance its stay in chapter 11 protection in the United States.
Avianca has seen virtually all flights grounded since mid-March, with the resumption of services likely to take many months. The second-largest airline in South America, behind only LATAM, said it would restructure its roughly $5.3 billion in debt and lease obligations.
Celebrating a big occasion in grand style, Munich Airport marked the launch of Avianca’s new service to Bogotá with a traditional ribbon-cutting ceremony.
Avianca director for Ecuador, David Francisco Alemán Andrade, speaks to Breaking Travel News as the carrier is recognised by voters as South America’s Leading Airline Brand during the World Travel Awards Latin America Ceremony.
Boeing has delivered the 500th 787 Dreamliner, a 787-8 to Avianca, marking another milestone in the program’s history. “Achieving 500 deliveries – the fastest to 500 for twin aisles – is a great accomplishment, made possible by the hard work and dedication of our employees and global suppliers,” said Mark Jenks, vice president and general manager, 787 program, Boeing Commercial Airplanes.
EVA Air has announced the initiation of a code-share agreement with fellow Star Alliance member, Avianca, making travel between Asia and Central America much more convenient for both the airlines’ passengers. The new code-share agreement will enable EVA Air’s passengers to connect through Los Angeles, New York and San Francisco to connect with Avianca flights to San Salvador, while Avianca’s passengers will be able to connect through the same US airports for flights to Taipei.
Synergy Aerospace Corporation, largest shareholder of Colombia-based Avianca and owner of Avianca Brazil, has finalised a purchase agreement with Airbus for 62 A320neo family aircraft. These A320neo will be the base of the fleet renewal and network growth strategy for Avianca Brazil, and also mark over 1,000 Airbus aircraft sold in Latin America.
Etihad Airways and Avianca Brasil, one of the leading airlines in Latin America, have announced a codeshare partnership. Under the agreement, Etihad Airways will put its ‘EY’ code on domestic flights operated by Avianca Brasil, while Avianca Brasil will put its ‘O6’ code on Etihad Airways flights between Abu Dhabi and São Paulo.
Avianca is becoming the launch customer for Amadeus Anytime Merchandising, in order to improve the customer experience through personalised offers and services, while developing a new revenue opportunity for the airline. Amadeus Anytime Merchandising, which is compliant with IATA’s NDC standard, helps airlines engage their customers at decisive moments during their journey, such as the searching and booking phase, when at the airport, during the flight, at the hotel and many more.
Etihad Airways and Avianca, one of Latin America’s leading airlines, have announced a new codeshare partnership. Under the agreement, the national airline of the United Arab Emirates will place its ‘EY’ code on Avianca operated flights between Bogota and London Heathrow and Madrid Barajas, while Avianca will place its ‘AV’ code on Etihad Airways flights between Abu Dhabi and London and Madrid.