Delivery of replacement aircraft for five freighters recently retired by Avianca Cargo has been pushed back by six months or more, but the airline has still been able to maintain revenue levels.
Avianca Cargo is replacing the fleet of its Mexican partner with Airbus A330 freighters.
Avianca is investing in capacity and quality control because it sees growth opportunities in the Latin American air cargo market.
Passenger airline Avianca plans to lease up to four converted freighters as cargo becomes a strategic focus.
A U.S. federal court on Monday agreed on an interim basis to Avianca Holdings SA’s initial motions to voluntarily reorganize under court-supervised bankruptcy protection. Latin America’s second-largest airline sought bankruptcy […]
People go to the hospital to get better from coronavirus. Avianca is going to a different emergency room – bankruptcy court., so it can downsize in a safe way . It is a major Latin American carrier with a cargo division that operates its own fleet of freighters.
