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The company confirmed today that all requests related to the voluntary reorganization filing made on last May 10, 2020, were provisionally or finally approved by the Southern District Court of New York as a whole.
For the company this decision helps you ensure that it continues its day-to-day operations, during the development of reorganization process.
In a communication the CEO and president of Avianca, Anko van ser Werff, said that they are satisfied with this approval and assured that this step means “the first of all we will stay to keep flying“
He added, “We will continue our discussions government and we are confident that covered by the chapter 11, and with the support of our business partners, whom we thank immensely for their unconditionality, we can have a successful result that will strengthen us to continue providing our essential air transport service in Colombia and Latin America“
There were three approvals he got Avianca. The first will allow you to fulfill the labor commitments that were due before the request and that include certain wages, Benefits or other types of compensation.
Too keep your programs of customers throughout this process. Passengers will be able to continue organizing trips and flying with Avianca, in the same way that they have.
And the third approval assures the Company, fulfill various obligations prior to May 10, 2020, which are owed to some of its partners Travel agencies and its providers.
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