Colombian airlines Avianca, Viva appeal against merger denial

  • 📰 Reuters
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Colombian airlines Avianca and Viva have appealed to the aviation regulator after it denied their plan to merge, proposing steps to allay its concerns, such as yielding some routes to competitors, the companies said on Wednesday.

the airlines envisaged retaining their respective brands and business strategies as the travel sector struggled with the COVID-19 pandemic.

Plans to address these concerns include reducing operations at El Dorado airport in the capital, Bogota, maintaining Viva's brand and low-cost model, adding employees and maintaining the cost of flights on some routes, Avianca said in a statement published on Wednesday. Viva faces a complex financial situation after the pandemic brought a slowdown in travel, worsened this year by rising fuel prices and a weaker peso currency.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

JulienDCNA C’est pas demain que tu vas payer ton billet moins chère …

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:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines