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Tag Archives: Chapter 11

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  2. Entries tagged with "Chapter 11"

Colombia’s Avianca Applies for Chapter 11 Bankruptcy Protection

Latest News, Passenger AirlinesBy Jason Nicholls10th May 2020

Bogota, 10 May 2020 – The second-largest airline of Latin America, Avianca, has today applied for Chapter 11 bankruptcy protection through its New York Stock Exchange-listed parent company Avianca Holdings S.A at a New York court. The filing was necessitated by the unforeseeable impact of the COVID-19 pandemic, which has resulted in a 90% decline…

Miami Air International Closes its Doors

Latest News, Passenger AirlinesBy Jason Nicholls8th May 2020

Miami, 8 May 2020 – The president and CEO of Miami Air International, Kurt Kamrad, today wrote a personal letter to all employees of Miami Air International advising them that today was the last day of the airline’s operation. Citing it as one of the saddest days of his life after his fathers passing two…

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