Avianca is ready to droop seven routes beginning on September 1, together with six companies to america. These routes account for 31 weekly flights between Colombia and the US and join cities reminiscent of Barranquilla (BAQ), Cali (CLO), Cartagena (CTG), and Medellín (MDE) with Miami (MIA), New York (JFK), and Orlando (MCO).
Financial uncertainty?
Avianca is ready to quickly droop 27% of its industrial service between Colombia and america, scrapping six of the 15 routes at the moment energetic as of August 2022. Beginning on September 1, Avianca will droop these routes:
- Medellín-New York
- Medellín-Miami
- Barranquilla-Miami
- Cali-Miami
- Cartagena-Miami
- Medellín- Orlando.
Moreover, Avianca can be suspending the home route Bucaramanga-Cartagena. The routes from Medellín to New York and Miami are set to be restored on October 30, in accordance with a press launch by Colombia’s civil aviation authorities. The remaining routes can be resumed on December 8, and the companies Cartagena-Miami and Medellín-Orlando will now turn into seasonal.
In accordance with native media outlet Aviacionline, Avianca Group introduced it will cut back the variety of scheduled flights, responding to a mixture of macroeconomic elements within the Latin American and Caribbean areas. This uncertainty led to a lower in future bookings.
Avianca is ready to quickly droop 27% of its industrial service between Colombia and america. Picture: Getty Photographs.
Extra reductions are coming
Trying into Avianca’s schedule between August and October, supplied by Cirium, we are able to see that Avianca is trying to cut back by 6.1% the variety of weekly operations and by 3.8% the variety of seats obtainable on its flights.
In accordance with Cirium, a complete of 17 routes at the moment obtainable won’t be operated in October. Further to the routes beforehand introduced, Cirium tasks the companies Bogotá-Popayan, Bogota-Florencia, Bogota-Barrancabermeja, Bogota-Cartagena, Bogota-Cali, Cali-Orlando, Cartagena-New York, Cartagena-Bucaramanga, Cali-Orlando, and Cali-Bucaramanga to be stopped.
Avianca and Viva are set to merge below a similar holding. Picture: Getty Photographs.
It’s suspicious
In accordance with Extremely Air’s CEO, William Shaw, it’s not a coincidence that Avianca is quickly suspending sure worldwide routes as a result of a few of these routes are additionally served by Viva Colombia. Avianca and Viva are at the moment trying to merge below the identical holding, in a consolidation transfer opposed by Extremely Air.
William Shaw doesn’t imagine the 2 airways will act independently. In an interview with the native media outlet Portafolio, he stated,
“Let’s discuss in regards to the Airbus A320-200 registration HK-5335. This aircraft was beforehand operated by Viva, and it’s now with Avianca. We don’t know if each corporations have begun juggling routes, planes, and property, however I’m wondering if they’re doing so as a result of Avianca is suspending the route Medellín-Miami as a result of it’s already lined by Viva.”
He added that Viva has stopped flying sure home routes in Colombia, and somebody has begun trimming the companies and presents, making the most of a partnership it hasn’t even been accepted.
The merger would create the Abra Group, a holding composed of GOL, Avianca, Viva Colombia, and Viva Peru, and a small funding in Chile’s Sky Airline. Abra Group could be a holding that might behave equally to what we have now seen from European teams reminiscent of Air France-KLM, Lufthansa Group, and the Worldwide Airways Group. This new holding could possibly be trying to consolidate the Latin American market, strengthening the airways’ positions in Bogotá, Medellín, São Paulo, and presumably Santiago de Chile.
Sources: Aviacionline, Portafolio.
