Nine months ago the airline Avianca requested the integration with Viva Air from the Civil Aeronautics. Despite the various administrative and legal obstacles that arose throughout the process, Avianca always showed its interest in achieving the recovery of the ‘low cost’ airline, which suspended its operations on February 27.
After a ‘push and pull’ between Avianca and Aerocivil, the latter gave its endorsement for the merger of the airlines, but under certain conditions.
(Also read: Avianca about Viva: “The conditions are impossible to accept”).
This Saturday, which was the last term for Avianca to decide whether or not to accept the conditions of Aerocivil, the company notified that stop your interest in Viva Air.
“After studying Aerocivil’s resolution 873 of 2023 in detail and verifying that Aerocivil’s conditions make Viva’s recovery impossible and could even affect Avianca’s stability, unfortunately the Company was forced to withdraw from the integration“Avianca announced in a statement.
Viva Air suspended its operations on February 27, 2023.
Jaiver Nieto Alvarez/ETCE
(Of interest: Avianca: Who are the owners of the Colombian airline?).
According to the company, “the conditions for transactions defined by Aerocivil would not only prevent Viva from being a financially and operationally viable airline, but would even could jeopardize the stability of Avianca and of the sector”.
According to the reasons provided by Avianca, there were many technical shortcomings that they found in the conditions imposed by Aerocivil, which obtained little regulatory flexibility to give on the conditions for the reactivation of Viva’s operations.
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The conditions, according to Avianca, do not take into account the real capacities that Viva Air currently has after the suspension of operations and, on the other hand, The authority demanded the return of a number of slots that would not allow Viva to base a single plane at the country’s main airport efficiently.
Now, Avianca will focus on increasing its number of aircraft and will implement mechanisms to offer job options to Viva Air employees, information.
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