Colombian airlines Avianca and Viva have appealed to the aviation regulator after it denied their plan to merge, proposing steps to allay its concerns, such as yielding some routes to competitors, the companies said on Wednesday.
the airlines envisaged retaining their respective brands and business strategies as the travel sector struggled with the COVID-19 pandemic.
Plans to address these concerns include reducing operations at El Dorado airport in the capital, Bogota, maintaining Viva's brand and low-cost model, adding employees and maintaining the cost of flights on some routes, Avianca said in a statement published on Wednesday. Viva faces a complex financial situation after the pandemic brought a slowdown in travel, worsened this year by rising fuel prices and a weaker peso currency.
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