Airline

Aeronáutica Civil rejects Avianca-Viva merger

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Aeronáutica Civil rejects Avianca-Viva merger

The civil aviation authority of Colombia, Aeronáutica Civil has rejected the merger of Avianca and Viva citing seven reasons. One of the most important factors was that the merger would be a risk to the competition as it would only reinforce the market power of Avianca and Viva. These two carriers ...

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