Tag: Avianca Brasil

Avianca Brasil to leave Star Alliance

Avianca Brasil to leave Star Alliance

Brazilian airline Ocean Air Linhas Aéreas S/A - formerly doing business as Avianca Brasil - will formally leave Star Alliance with effect from 1 September 2019. Ocean Air’s withdrawal follows several months of bankruptcy protection and the withdrawal of its Air Operator Certificate (AOC) by B...

Fraport’s airports achieve varying passenger traffic figures

Fraport’s airports achieve varying passenger traffic figures

Frankfurt Airport (FRA) welcomed more than 6.9 million passengers in the reporting month, up 0.8 per cent compared to July last year. For the first seven months of the year, passenger traffic at FRA (pictured above) rose by 2.6 per cent. Aircraft movements in July 2019 climbed by one per ce...

Azul proposes acquisition of new Avianca Brasil UPI

Azul proposes acquisition of new Avianca Brasil UPI

Brazilian airline Azul has filed a petition in connection with the judicial recovery process of Avianca Brasil to hold a new competitive bid for the acquisition of a new isolated productive unit (new UPI) for a minimum bid price of US$145 million. The carrier said in a statement: "The New UPI co...

Azul signs $105m deal to acquire selected assets of Avianca Brasil

Azul signs $105m deal to acquire selected assets of Avianca Brasil

Azul - the largest airline in Brazil by number of departures and destinations has signed a non-binding agreement with Avianca Brasil to acquire certain assets of Avianca Brasil for the indicative purchase price of up to US$105 million. The carrier also said in a statement: "As provided by the Bra...

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