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Avianca cancels Viva merger

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Avianca cancels Viva merger

Avianca has withdrawn from its planned merger with Viva due to "technical shortcomings" in the terms laid out for the deal to go ahead by Aerocivil, the Colombian regulator. "After studying Aerocivil's resolution 873 of 2023 in detail, and noting that Aerocivil's conditions make Viva's recovery impo...

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