Avianca

Eric Kulisch Wednesday, May 13, 2020

Avianca receives preliminary OK for Chapter 11 bankruptcy

A U.S. federal court on Monday agreed on an interim basis to Avianca Holdings SA’s initial motions to voluntarily reorganize under court-supervised bankruptcy protection. Latin America’s second-largest airline sought bankruptcy over the weekend in an effort to continue operating as a smaller company, saying the shutdown of its passenger network because of the coronavirus pandemic […]

Read More »