BOGOTA (Reuters) – Colombia’s flagship airline Avianca is backing down from a merger with Viva Air, blaming conditions set by the country’s aviation regulator, the company announced Saturday. In a statement, Avianca…
BOGOTA – Flag-carrier Avianca has agreed to merge with Viva, another of Colombia’s most important commercial airlines, while keeping separate branding and strategies, the firms said on Friday. Unifying the companies economically…