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Latin America ‘s second largest airline goes bankrupt | SN.at

economy

Avianca, the second largest airline in Latin America, filed for bankruptcy on Sunday. The company, with around 20,000 employees, is said to be in urgent need of government aid, as it has been unable to fly since the end of March due to the corona crisis. Talks with the Colombian government had not led to success.


SN / APA (Archive / AFP) / JUAN BARRETO

The planes have been standing since the end of March

According to an Avianca representative, the airline has not yet given up hope. Many airlines around the world have had to keep their aircraft on the ground for weeks and are complaining about massive economic problems.


Source: APA

Accessed on 05/10/2020 at 09:27 on https://www.sn.at/wirtschaft/welt/zweitgroesste-fluglinie-lateinamerikas-pleite-87389140

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