Avianca Drops Merger as Viva Air Collapses
Avianca has dropped plans to merge with Viva Air, citing onerous conditions set by Colombia’s aviation regulator. The conditions would have made it impossible for Viva Air to be a financially and operationally viable airline, and also put Avianca’s stability at risk. Meanwhile, Viva Air will proceed towards liquidation.
What’s the latest with the Air India and Vistara merger?
Air India and Vistara are working on their merger under Tata Group to unlock significant efficiency economies of scale and lower costs.
