Articles tagged “colombia”

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Avianca Embraces Budget Airline Model in Deal for Viva Air

Big changes are underway in Latin American aviation. After restructuring as a quasi-budget airline, Colombia's Avianca now wants to acquire discount competitor Viva Air in a deal that could give it two-thirds of the Colombian market.

Despegar's Strength in Mexico and Colombia Helps Blunt Pandemic Impact

Argentina-based Despegar has broadened its geographic reach through acquisitions, and that has enabled the company to boast that seasonality factor has been eliminated from the business. While that statement is a stretch, it will be great for the company to take advantage of Mexico summers while Brazil winters.