The airline assures that conditions dictated by the Colombian aeronautical authority make the merger impossible. We tell you the details.
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Colombian airline Avianca withdrew from integration with Viva Air. This after knowing the conditions provided by Aerocivil, the aeronautical authority of that country. The company assures that the conditions of the entity make Viva’s recovery impossible and could even affect its own stability.
“Unfortunately, the conditions of this resolution, which is already the firm decision, make it impossible to rescue Viva by making it not only unviable as an airline, but, if integration occurs under the conditions imposed by Aerocivil, it would put Avianca’s stability and the connectivity of Colombia at risk,” said Adrián Neuhauser, President and CEO of Avianca.
Why didn’t Avianca accept its integration with Viva?
Among the shortcomings found in resolution No. 873 of 2023, of Aerocivil, Avianca highlights the following:
- Little regulatory flexibility to provide certainty about the conditions for the reactivation of Viva’s operations.
- Lack of adjustment of the conditions to the current reality of Viva and the time elapsed between the start of the process on August 8, 2022 and the date of a final decision. The conditions require Avianca to assume obligations, routes, and service level commitments and prices that do not match Viva’s remaining capacities after two months of suspension of operations.
- “Despite Avianca’s willingness to return more than 75% of the Viva slots in El Dorado -and more than 72% of the Viva slots in “premium” slots-, the authority demanded the return of a number of slots such that it would not allow Viva to base a single aircraft at the country’s main airport in an efficient manner.This would make Viva economically unviable, and is explicitly contradicted by other conditions that require Viva to continue to provide connectivity on historical routes where it was the only operator, and that the passengers affected by the cessation of Viva operations, which according to official figures exceed 500,000, be protected,” Avianca said.
Source: Larepublica
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