The exterior of the Avianca administrative office is pictured, as officers from Colombia's attorney general's office conduct a raid inside, in Bogota, Colombia, on Feb. 12, 2020.
"The resources to finance the incorporation of these planes come from our available cash and additional debt that we take on leases," Neuhaser said.Avianca's employee head count will grow by some 1,200, Neuhaser added. Some of the new hires will come from Viva Air, a now-defunct Colombian budget carrier Avianca had sought to buy before it backed out of the deal, citing conditions imposed by Colombia's civil aviation regulator
Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: