Avianca Files For Chapter 11 Bankruptcy Protection

Avianca Holdings, based in Panama, on Sunday, filed for Chapter 11 bankruptcy protection in the United States for the second time. Avianca has been mostly grounded since mid-March and has sought $1.2B financial help from the Colombian government (read more here). You can access Avianca’s reorganization website here and LifeMiles here. Here’s the announcement: Infographics: … Continue reading Avianca Files For Chapter 11 Bankruptcy Protection