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Avianca Midco 2 Offers Note Exchange for Senior Secured Notes

Avianca Group International‘s subsidiary, Avianca Midco 2, has officially announced an offer to exchange any and all of its outstanding 9.000% Tranche A-1 Senior Secured Notes for newly issued 9.000% Senior Secured Notes, both maturing in 2028. This exchange aims to provide enhanced financial flexibility and optimize the company’s capital structure.

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Avianca Partners with MRO Holdings for Medellin Facility

Avianca Group International (Colombia) has announced a strategic partnership with MRO Holdings (Panama), marking a significant development in its aircraft maintenance operations. Under this agreement, MRO Holdings will take over as the operator of Avianca’s Medellin-based MRO facility.

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Copa Airlines to Expand Fleet with B737 MAX Deliveries

Copa Airlines (Panama) remains on track to expand its fleet, expecting the delivery of two B737 MAX 8 aircraft by the end of 2024, despite some delays. This addition will bring the airline’s total fleet to 112 aircraft by year-end. Looking ahead to 2025, Copa plans to receive 11 more MAX 8s, culminating in a fleet of 123 aircraft by the close of the year.

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Lufthansa Technik and Avianca Partner for LEAP-1A Engine Maintenance

Lufthansa Technik has established a non-exclusive maintenance contract with Avianca to support the LEAP-1A engines powering Avianca’s aircraft fleet. This agreement enhances Avianca’s access to high-standard engine maintenance services provided by Lufthansa Technik, a leader in aircraft maintenance, repair, and overhaul (MRO) solutions.

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Aerolíneas Argentinas Considers Acquisition by Delta and Avianca Consortium

Rumors have surfaced regarding Aerolíneas Argentinas potentially being acquired by a consortium involving Delta Air Lines from the United States and Avianca of Colombia. The Argentine government, which holds a stake in Aerolíneas Argentinas, is reportedly weighing a purchase proposal put forth by the two airlines, suggesting potential international expansion for the Argentine carrier under new ownership. This rumored deal,…