Transport Minister Guillermo Reyes says the airline continued selling flights despite knowing that it was going to halt operations
Category: Latin America
Posted inDaily Brief
Ex-Avianca owner offers $1 for Ultra Air
Germán Efromovich offers to buy the Colombian low-cost carrier after it suspended operations last month
Posted inDaily Brief
China Southern buys Enel units in Peru
Chinese electricity firm acquires the Italian company’s local distribution and smart energy operations for $2.9 bln
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Kaszek moves into AI, climatetech
São Paulo-based VC firm keeps focus on long-term investments after raising $975 mln through two new funds, co-founder says
Posted inDaily Brief
Quiñenco sells stake in French cable maker
Chilean conglomerate nets $367 mln by selling part of its stake in Nexans
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Chilean airlines appeal Avianca-Viva ruling
LATAM and JetSmart ask for slots at Bogotá airport to be reallocated due to the merger of two Colombian airlines
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Femsa to remove Valora from Swiss stock exchange
Swiss court orders Mexican beverage and retail group to pay cash to minority shareholders in the kiosk operator
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Kaszek gets close to $1 bln for LatAm start-ups
São Paulo-based VC firm raises $975 mln through two new funds
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IDB sells second sustainable bonds this year
US-based development bank issues $2.25 bln in 10-year notes after orders peak at $3.4 bln, head of funding says
Posted inDaily Brief
Mexico acquires power plants from Iberdrola
Government plans to spend $6 bln to buy 13 facilities from the Spanish electric utility company