Alan Wilson
“On May 10, 2020, Avianca Holdings SA and a number of its subsidiaries and affiliates filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code... to preserve and reorganize Avianca's businesses while the company continues to be affected by the COVID-19 pandemic.” - the company said in a statement.
It is noted that the airline will continue to work and servicing customers to save jobs. In addition, Avianca is in talks with the Colombian government and key market representatives regarding financial assistance during the reorganization process.
source: ft.com
It is noted that the airline will continue to work and servicing customers to save jobs. In addition, Avianca is in talks with the Colombian government and key market representatives regarding financial assistance during the reorganization process.
source: ft.com
