Although they rebounded slightly after the COVID-19 pandemic, Colombian airlines reported more than US$350 million in losses in the first half of 2022.
Avianca, the historic Colombian airline, was the worst hit, accounting for 75% of the sector's losses.
After recovering, albeit unsustainably, its revenues after the pandemic, the government agency that controls aviation in the Latin American country, Aerocivil, warns that the sector is experiencing losses in the millions of . . .
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