World's Second-Oldest Airline Files for Bankruptcy Due to COVID-19

  • 4 years ago
World's Second-Oldest Airline Files
for Bankruptcy Due to COVID-19 According to a statement released on
its website on Sunday, Colombian
carrier Avianca filed for bankruptcy. The move was due to the
"unforeseeable impact of
the COVID-19 pandemic." Avianca CEO
Anko van der Werff The airline employs 21,000 people
throughout Latin America. According to Avianca's website, nearly 90%
of the countries in which the airline operates are
under total or partial travel restrictions. The airline was
founded in 1919.

Recommended