Tag: Avianca bankruptcy

• Tuesday, May 12th 2020 - 08:40 UTC

  Colombia's national airline, Avianca, has filed for bankruptcy protection in a US court.

  

  Avianca is the second-largest carrier in Latin America, but its passenger operations have been grounded since March because of coronavirus. It said the pandemic had cut more than 80% of its income, and it was struggling with high fixed costs.