Avianca Holdings S.A. (AVH)

Colombia's finance ministry says the government will lend as much as $370M to Avianca Holdings (NYSE:AVH) to help with its restructuring amid the airline's Chapter 11 bankruptcy process in the U.S.The administrative committee of country's emergency fund approved the government-backed loan, due November 2021, and will be evaluated and definitively authorized by the judge overseeing the bankruptcy in the U.S.The company provides 500K direct and indirect jobs and about 14.6T pesos/year ($3.8B) to Colombia's economy, the ministry says, equivalent to ~1.4% of gross domestic product.Avianca filed for Chapter 11 bankruptcy in May after travel bans across Latin America forced the airline to ground its fleet.

Aeromexico (OTCPK:GRPAF) files for Chapter 11 bankruptcy in the U.S., the third Latin American airline to seek court protection as the coronavirus pandemic wreaks havoc on air travel.Latin America's t

Latin American carrier stocks are higher despite the bankruptcy filing from Latam Airlines (LTM) last night. Gol Linhas (GOL +4.2%), Avianca Holdings (AVH), Copa Holdings (CPA +9.7%), Azul (AZUL +2.4

Provisions of the bankruptcy protection will not have an impact on LATAM Airlines' (LTM) passenger and cargo operations.

With the best balance sheet n the sector and expansion opportunities piling up, LUV stock is in better shape than many people might think.

As if slashing wages of its 43,000 was not enough, LATAM Airlines Group (NYSE:LTM) to lay off 1,400 employees or 3% of the workforce amid coronavirus crisis, reports Reuters.“Unfortunately, we have co