Thursday, September 5, 2019

Colombian Airline Avianca & Costa Rica Flights

The new president of the Colombian airline Avianca met with Costa Rica President Carlos Alvarado and several government officials on August 27. The meeting was mainly to introduce himself and there was no specific request on the discussion table. 

His company is going through strong financial adjustments and changes. Some routes have had to be cancelled and the company has had to reduce its aircraft fleet and sell off some business. 

Dozens of collaborators departed Avianca in the beginning of the year and it has a net loss of $476 million in the first half of the year and $5,000 million in debt.  The drastic restructuring is due to this.

He assures that at the moment there are no plans for changes to operations in Costa Rica, where the company employs about 1,000 people, including crew and ground based personnel. There are direct flights between the country and Guatemala, El Salvador, Panama, Colombia and Peru and all will be maintained.

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