May 12, 2020
Largest Latin America's Airline Avianca Has Filed For Chapter 11
Largest Latin America’s Airline Avianca Has Filed For Chapter 11
Another major international airline has gone bust in the wake of the coronavirus pandemic.
Colombian airline Avianca (AVH) filed for Chapter 11 bankruptcy in the US Southern District of New York on Sunday, blaming its collapse on the “unforeseeable impact of the Covid-19 pandemic,” according to a company statement.
Avianca, which was founded in 1919, claims to be the world’s second-oldest…
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