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Avianca has three offers for strategic airline partner proposal

Thursday, December 8, 2016


 

Colombia-based airline Avianca has three offers from companies that want it to be its strategic partner. Delta, Panama’s Copa, and United tabled their offers last week, the New York Times reports.

When Avianca launched an IPO some 13 years ago, the value of the company was rated at $2 billion. Currently, the market says its value is half as much.

Full story in Spanish