Viva Air will be allowed to be taken over by Avianca and merged into the larger national flag carrier’s holding company.
Colombia’s civil aviation authority has approved the merger with conditions. Viva Air will be required to reimburse passengers affected by the canceled flights.
The Viva Air brand would continue under the merger agreement.
Meanwhile Avianca is reconsidering the deal it agreed to in April with this statement:
“Avianca will study the resolution and the implications of the measures set forth by the regulator as soon as possible, to determine the feasibility of complying with them.”
Top Copyright Photo: Viva (Air Colombia) Airbus A320-251N WL HK-5366 (msn 10482) MIA (Jay Selman). Image: 404284.
Viva Air aircraft photo gallery:
