Brazil’s Gol and Colombia’s Avianca said that they struck a deal to combine into a single holding company called Abra Group, as part of consolidation efforts. Abra Group will be jointly controlled by Avianca and Gol’s main shareholders. However, both...
Colombian carrier Avianca Holdings SA seeks to raise $1.8bn to repay debt and provide new financing in a move to exit from bankruptcy reorganization that the company was forced into as a result of the pandemic’s travel collapse. Seabury Securities LLC has been...
