Avianca Banks Partnering with United Airlines in Bankruptcy Exit Plan

Avianca plans to emerge from the Covid-19 crisis as a smaller but stronger competitor, with partner United Airlines at its side, under a new restructuring plan that has been filed with US bankruptcy court. The Bogotá-based carrier’s plan, which was submitted to the court on Tuesday, lacks any significant additional changes to Avianca. Bogota andContinue reading “Avianca Banks Partnering with United Airlines in Bankruptcy Exit Plan”

From Dream to Reality: The History of Aviation

Flying was an ancient dream of a man, the legend of Icarus, Pushpaka and Vimana in the epic Ramayana confirm this. You always have the desire to fly, whether you take a flight or not, but have you ever asked yourself how that miracle plane that takes you by air from one place to anotherContinue reading “From Dream to Reality: The History of Aviation”

After a Bankruptcy Lawsuit Filed against It Garuda Indonesia Reaches Agreement to Return 9 Boeing 737-800s

Indonesia’s national carrier, Garuda Indonesia, has reached an agreement to return 9 Boeing 737-800s aircraft to the leasing company AerCap, the company’s chief executive Irfan Setiaputra told Reuters on 2nd August 2021. According to the agreement, the nine aircraft produced in 2014 and 2015 were leased from Aercap. Garuda had initially leased the planes forContinue reading “After a Bankruptcy Lawsuit Filed against It Garuda Indonesia Reaches Agreement to Return 9 Boeing 737-800s”