Viva Air files for insolvency after regulator rejects failing firm defence
Shutterstock/Markus Mainka
Viva Air has blamed Colombia’s aviation regulator for its decision to file for insolvency, claiming the authority took too long to review its proposed acquisition by Avianca after the merging parties argued the failing firm defence.
To read more
Subscribe to Global Competition Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Competition Review experts.
Subscribe now