dollar's flow in black hole
© Mike_kiev

PRESS RELEASE 

Avianca Holdings Initiates Voluntary Reorganization Proceedings

? Despite Effective Debt Reprofiling in 2019 and Successful Execution of its “Avianca 2021” Plan through Mid-March, Speed and Scale of Dramatic COVID-19 Crisis Impact Necessitates Avianca’s Chapter 11 Filing in New York

? Court-Supervised Process is Intended to Continue Avianca’s Operations, Preserve Jobs, Maintain Connectivity for Avianca’s More Than 30 Million Annual Passengers, and Promote Economic Recovery in Colombia and Company’s Other Core Markets

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.