Colombia It registered an interannual inflation of 13.28% last February, an increase of 0.03 percentage points compared to January and which represents another month in which the country registers the highest figure since 1999, the National Administrative Department of Statistics reported this Saturday ( Dane). “The annual behavior of the total CPI (Consumer Price Index) […]
Tag: Colombia
Investigation reveals that Viva Air would already be controlled by Avianca
The newspaper The Republic of Colombia accessed Evidence reserved from the Superintendence of Industry and Commerce (SIC) of the same country, which shows that the low cost airline Viva Air is already being controlled by Avianca. As recalled, to date the companies have argued that the purchase of Viva’s economic rights by Avianca does not […]
President Petro asks the financial system to lower intermediation rates
President Colombian, Gustavo Petroasked this Thursday the financial system, including the state-owned Banco Agrario, to make an effort to lower intermediation rates and avoid a crisis in the banks because people would not have the economic capacity to pay the loans. “From here I ask the financial system, mostly private, but also the Banco Agrario, […]
“We do not have capacity”: Viva Air president affirms that they do not have money to return affected passengers
The director of the airline argued that they do not have an option return to passengers the amount of your purchased tickets. In this context, he emphasized that the petty cash they have left will serve for a possible settlement. After the untimely closure of operations that harmed thousands of passengers, including Peruvians, by being […]
Petro suggests that Satena airline serve passengers affected by the Viva Air crisis
The Colombian president, Gustavo Petro, suggested that the state airline Satena serve the passengers affected by the suspension of operations of Viva Airwhich suspended its national and international operations after the authorities rejected its request for integration with Avianca to overcome its financial crisis. “We woke up with the news on television about Viva Air, […]
Inflation in Colombia would have accelerated again in February, expectations rise for the year
inflation in Colombia It would have accelerated again in February, mainly due to tariff readjustments in sectors such as education, rentals and transportation, a Reuters poll revealed on Tuesday, in which the forecasts for the consolidated 2023 also rebounded. According to the median of the query among 18 analysts, consumer prices would have increased by […]
Aerocivil affirms that Viva Air’s suspension of operations is because it failed to integrate into Avianca
Viva Air immediately suspended its operations and the Civil Aeronautics of Colombia assured that said cancellation is due to the integration process with Aviancawhich must now receive opinions from third parties, and has not come to fruition so far. “It has been inspired by the processes of speed and efficiency of the administrative function and […]
Heinz wants to give a ship to a castaway who survived on ketchup
The manufacturer of the popular ketchup Heinz has asked people for help to find a man from the Caribbean island of Dominica who claims to have been adrift on a sailboat for 24 days and kept alive on a can of that sauce, garlic powder and bouillon cubes. The objective of this search operation started […]
MercadoLibre net profit rises in the fourth quarter
The South American e-commerce giant Free marketbased in Argentina, reported Thursday that its net profit recovered in the fourth quarter from the loss recorded in the same period a year earlier, to $164.7 million. Total revenues for MercadoLibre, with a presence in 18 countries, including Brazil, Colombia and Mexico, increased 40.9% to about $3 billion […]
Colombian airline Viva Air announces its new CEO amid financial difficulties
The airline low cost colombian Viva Air on Thursday appointed Francisco Lalinde as president and interim CEO to replace Félix Antelo who resigned citing health problems, the company reported. The replacement in the executive presidency occurs in the midst of the financial difficulties that the company is facing and that forced it this week to […]