Colombia’s Avianca and Brazil’s GOL have agreed to a merger that will create a pan-Latin American airline network. The brands will remain independent but benefit from greater efficiencies under aligned ownership, and the lowest unit costs in their respective markets.
Avianca will reactivate its London-Bogotá route this weekend, with flight AV0121 set to take off from Heathrow on Sunday. This will be the longest flight operated by the company.
The partnership will be expanded to include distribution via the Amadeus Travel Platform of NDC-enabled content in addition to Avianca’s existing content for travel agencies and corporations.
Officials claim the carrier is now more efficient and financially stronger, with significantly reduced debt and over $1 billion in liquidity. The new carrier is based in the UK.
Avianca has confirmed the resumption of flights on the London to Bogotá route. Daily departures with the Colombian flag-carrier will begin on March 27th next year.
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.