After months of quarrels with the Colombian government, the airline Avianca desisted from absorbing the 'low cost' firm Viva, accusing the aeronautical authority of making the operation "unviable".
Bogotá, for its part, assures that the Colombian air market "is robust and solid".
The disagreements between the Colombian government and Avianca Airlines seem to have reached a climax, with the announcement by the company that it has decided not to take over the low-cost airline Viva Air.
The first Colombian airline's intention to acquire its low-cost competitor had sparked a dispute with the Colombian Civil Aeronautics Authority (Aerocivil. . .
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