Investments and Business

Avianca abandoned its integration with Viva Air and these are the reasons – Sectors – Economy

Avianca abandoned its integration with Viva Air and these are the reasons – Sectors – Economy

This Saturday the deadline for Avianca to decide whether to accept the conditions of the Civil Aeronautics for the Viva Air integrationairlines that suspended its operations due to economic problems on February 27. After studying the Aerocivil proposal, Avianca announced that it abandoned its integration with the 'low cost' airlinemainly, because the conditions imposed by the authority put the exercise of their activities and the air sector itself at risk, according to information in a statement. (Also read: Avianca withdraws from its integration with Viva Air). “The conditions of this resolution are missing, which is already the firm decision, making…
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Avianca withdraws from its integration with Viva Air – Sectors – Economy

Avianca withdraws from its integration with Viva Air – Sectors – Economy

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…
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Taxes: strong tax competition for registrations – Sectors – Economy

Taxes: strong tax competition for registrations – Sectors – Economy

The discussion is not new, but it is still in the air. On the one hand, while some car owners, tired of the restrictions and the bad condition of the roads, Threaten to move license plates to other citieson the other, municipalities and departments they seek to attract new taxpayers with deep tax discounts. This totally legal strategy has meant a bonanza for small towns in the last two years due to new car registrations, which, of course, has also been affected by the drop in vehicle and motorcycle sales.The important thing about this competition between municipalities and capital cities,…
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There are still more than four million licenses to renew – Sectors – Economy

There are still more than four million licenses to renew – Sectors – Economy

Despite the continuous calls from the authorities through different means, and with just over a month to go before the deadline, 4,107,200 Colombians have not renewed their driver's license. The term, according to the worst of the Constitutional Court, expires next June 20 and there will no longer be a new extension. Cut to last Monday, May 8, only 521,409 drivers have met that requirement this year.The people who must renew their driver's license are those who expired between January 1 and 31, 2022. To these more than five million citizens, through Law 2161, Congress gave them a 'gabela '…
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