Update provided by José Elías Del Hierro Hoyos of Del Hierro Abogados 

In the past two months, in the process of integrating Avianca with Viva Air Colombia and Viva Air Peru, we are currently experiencing issues with laws regarding competition, integration and customer protection. As Viva enters bankruptcy, others have mentioned they would like to acquire the airline. We hope the Aviation Authority will approve the integration between Avianca and Viva this week. Currently, we are waiting for a settlement on a matter stemming from Avianca going into the integration without a permit from the Civil Aviation Authority that they require prior to this integration.  

- February 2023