IBOV 177,999.00 ▲ 0.47% IPSA 11,016.85 ▼ 0.13% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,291,323 ▼ 0.41% COLCAP 2,392.10 ▲ 2.12% BVL PERÚ 57,890.85 — — USD/BRL5.07▼ 0.02% USD/MXN17.31▼ 0.03% USD/CLP 930.47 — 0.00% USD/COP3,148▼ 1.70% USD/PEN3.39▼ 0.06% USD/ARS1,485▼ 0.03% USD/UYU 40.20 — 0.00% USD/PYG 5,931 — 0.00% USD/BOB 12.10 — 0.00% USD/DOP57.80▼ 0.33% USD/CRC 448.40 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.76 — 0.00% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.19% USD/TTD6.72— 0.00% EUR/BRL5.85▲ 0.07% BRENT 90.12 ▲ 1.22% WTI 79.79 ▼ 5.76% IRON ORE 161.91 — — COPPER 6.54 ▲ 1.55% GOLD 4,122 ▲ 1.79% SILVER 58.43 ▲ 1.46% SOY 1,182 ▲ 0.87% CORN 460.50 ▲ 4.48% WHEAT 636.00 ▼ 0.51% COFFEE 313.55 ▼ 2.94% SUGAR 14.65 ▲ 1.52% ORANGE JUICE 153.35 ▲ 5.03% COTTON 81.20 ▲ 2.25% COCOA 5,537 ▲ 8.31% BEEF 227.25 ▼ 1.72% CATTLE 343.78 ▼ 0.78% LITHIUM 69.22 ▼ 0.85% PETR4 43.42 ▲ 1.35% VALE3 76.28 ▲ 0.25% ITUB4 42.89 ▲ 0.35% BBDC4 18.43 ▲ 0.22% ABEV3 15.99 ▲ 0.19% BBAS3 21.35 ▲ 0.76% B3SA3 15.73 ▲ 0.64% WEGE3 47.20 ▲ 0.81% PRIO3 60.85 ▲ 1.48% SUZB3 43.32 ▲ 1.38% RENT3 37.61 ▼ 1.62% AZZA3 16.42 ▲ 3.53% CSAN3 4.07 ▲ 2.01% RAIZ4 0.26 — 0.00% PCAR3 2.59 ▼ 5.47% GMAT3 4.03 ▲ 1.26% PSSA3 54.70 ▲ 0.64% CVCB3 1.31 ▲ 0.77% POSI3 3.55 ▲ 0.85% SLCE3 13.38 ▲ 0.91% NATU3 8.38 ▲ 0.60% BRKM5 5.97 ▲ 0.67% RANI3 8.11 ▲ 1.00% CSNA3 4.84 ▼ 2.22% CMIN3 5.71 ▼ 0.17% USIM5 7.36 ▼ 2.52% GGBR4 24.98 — 0.00% ENEV3 26.31 ▲ 0.61% CPFE3 46.14 ▲ 0.11% CMIG4 11.34 ▲ 0.98% EQTL3 38.66 — 0.00% LREN3 13.60 ▲ 0.59% VIVT3 32.63 — 0.00% RAIL3 14.44 ▲ 1.12% KLABIN 18.25 ▲ 1.11% RAIA DROGASIL 18.48 ▲ 1.26% RDOR3 34.64 ▲ 0.64% HAPV3 11.28 ▲ 2.45% FLRY3 17.14 ▲ 1.00% SMTO3 14.52 ▲ 0.83% UGPA3 33.05 ▲ 0.39% VBBR3 36.05 ▲ 1.18% BBSE3 41.26 ▲ 0.98% BPAC11 56.80 ▲ 0.32% CURY3 30.09 ▼ 1.02% AERI3 2.15 ▲ 0.94% VIVARA 22.18 ▲ 0.09% COMPASS 24.84 — 0.00% VAMOS 3.34 ▼ 2.34% SANB11 28.62 ▲ 13.35% ASAI3 8.50 ▲ 1.07% SBSP3 27.70 ▲ 1.06% WALMEX 50.36 ▲ 0.34% GMEXICO 208.29 ▼ 2.20% FEMSA 221.95 ▲ 1.19% CEMEX 20.54 ▼ 0.73% GFNORTE 199.64 ▼ 0.32% BIMBO 62.08 ▲ 2.26% TELEVISA 9.79 ▼ 0.91% AMX 22.00 — 0.00% GAP 376.64 ▼ 1.08% ASUR 275.62 ▼ 0.34% OMA 231.05 ▼ 0.96% KOF 187.94 ▼ 0.14% GRUMA 258.23 ▼ 4.00% KIMBER 40.19 ▼ 0.17% SQM-B 62,700 ▼ 0.93% COPEC 6,350 ▲ 0.79% BSANTANDER 80.99 ▲ 0.36% FALABELLA 6,216 ▼ 0.06% ENELAM 87.99 ▲ 0.39% CENCOSUD 1,955 ▲ 0.51% CMPC 1,055 ▲ 2.43% BANCO CHILE 193.71 ▼ 1.57% LATAM AIR 24.74 ▼ 0.64% YPF 82,900 ▲ 1.94% GGAL 7,890 ▼ 1.56% PAMPA 5,555 ▲ 0.36% TXAR 655.50 ▲ 1.16% ALUAR 977.50 ▼ 0.20% TGS 10,050 ▲ 2.45% CEPU 2,396 ▼ 0.33% MIRGOR 16,350 ▼ 1.95% COME 44.03 ▼ 1.94% LOMA NEGRA 3,620 ▼ 1.76% BYMA 296.00 ▼ 0.34% TELECOM ARG 4,408 ▲ 2.14% ECOPETROL 16.77 ▼ 1.58% BANCOLOMBIA 92.52 ▼ 1.46% GRUPO AVAL 5.28 ▲ 2.75% CREDICORP 400.58 ▼ 0.42% SOUTHERN COPPER 182.71 ▼ 1.24% BUENAVENTURA 30.28 ▼ 4.96% MERCADOLIBRE 1,878 ▼ 0.41% NUBANK 14.33 ▼ 1.10% XP 17.06 ▼ 0.81% PAGSEGURO 9.64 ▼ 2.03% STONE 11.38 ▼ 0.48% GLOBANT 36.60 ▲ 0.58% TECNOGLASS 43.44 ▼ 0.34% GAP AIRPORT 217.35 ▼ 1.02% ASUR 275.62 ▼ 0.34% OMA AIRPORT 106.90 ▼ 1.10% AMX ADR 25.37 ▲ 0.18% FEMSA ADR 127.99 ▲ 0.97% CEMEX ADR 11.82 ▼ 0.92% PETROBRAS ADR 19.40 ▲ 1.46% VALE ADR 15.06 ▲ 0.47% ITAU ADR 8.46 ▲ 0.24% SANTANDER BR 5.67 ▲ 12.28% AMBEV ADR 3.11 ▼ 0.32% CSN 0.99 ▼ 2.42% GERDAU 4.96 — 0.00% LATAM ADR 52.75 ▼ 2.21% BTC 62,868 ▼ 0.97% ETH 1,859 ▼ 1.26% SOL 72.94 ▼ 0.69% XRP 1.07 ▼ 1.23% BNB 583.61 ▼ 0.67% ADA 0.19 ▼ 1.40% DOGE 0.07 ▼ 1.13% AVAX 6.42 ▼ 1.86% LINK 8.27 ▼ 1.23% DOT 0.79 ▼ 0.85% LTC 44.43 ▼ 0.46% BCH 210.74 ▼ 0.84% TRX 0.33 ▼ 0.16% XLM 0.17 ▼ 1.44% HBAR 0.07 ▼ 0.86% NEAR 1.71 ▼ 0.15% ATOM 1.26 ▼ 0.23% AAVE 91.78 ▼ 0.24% SELIC 14.25% EMBRAER 86.89 ▲ 0.87% EMBRAER ADR 68.33 ▲ 0.32% JBS 14.02 ▼ 1.89% JBS BDR 70.70 ▼ 2.01% MBRF3 17.54 ▼ 2.34% MBRFY 3.39 ▼ 2.31% INTER 5.60 ▼ 0.71% EGX 54,286 ▲ 1.23% USD/ZAR16.47▼ 0.49% USD/NGN 1,364 — 0.00% NIKKEI 63,692 ▼ 1.04% CSI300 4,555 ▼ 0.73% HSI 25,895 ▲ 0.04% NIFTY 24,556 ▲ 0.70% KOSPI 6,261 ▼ 5.07% JCI 6,227 ▼ 0.14% USD/JPY156.53▼ 0.59% USD/CNY6.75▲ 0.02% DAX 25,629 ▲ 0.07% CAC 8,510 ▲ 0.28% FTSE 10,868 ▼ 0.27% MIB 52,173 ▲ 0.13% IBEX 19,783 ▲ 0.13% STOXX 649.19 ▼ 0.12% EUR/USD1.15▼ 0.08% GBP/USD1.35▼ 0.15% SPX 7,490 ▲ 0.70% DJI 52,485 ▲ 0.53% NDX 28,274 ▲ 0.60% RUT 2,931 ▼ 0.50% TSX 35,226 ▼ 0.79% VIX 15.99 ▼ 6.44% USD/CAD1.40▲ 0.18% US10Y 4.7450 ▲ 1.76% IBOV 177,999.00 ▲ 0.47% IPSA 11,016.85 ▼ 0.13% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,291,323 ▼ 0.41% COLCAP 2,392.10 ▲ 2.12% BVL PERÚ 57,890.85 — — USD/BRL 5.07 ▼ 0.02% USD/MXN 17.31 ▼ 0.03% USD/CLP 930.47 — 0.00% USD/COP 3,148 ▼ 1.70% USD/PEN 3.39 ▼ 0.06% USD/ARS 1,485 ▼ 0.03% USD/UYU 40.20 — 0.00% USD/PYG 5,931 — 0.00% USD/BOB 12.10 — 0.00% USD/DOP 57.80 ▼ 0.33% USD/CRC 448.40 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.76 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 746.91 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.56% USD/TTD 6.72 ▲ 0.86% EUR/BRL 5.85 ▲ 0.07% BRENT 90.12 ▲ 1.22% WTI 79.79 ▼ 5.76% IRON ORE 161.91 — — COPPER 6.54 ▲ 1.55% GOLD 4,122 ▲ 1.79% SILVER 58.43 ▲ 1.46% SOY 1,182 ▲ 0.87% CORN 460.50 ▲ 4.48% WHEAT 636.00 ▼ 0.51% COFFEE 313.55 ▼ 2.94% SUGAR 14.65 ▲ 1.52% ORANGE JUICE 153.35 ▲ 5.03% COTTON 81.20 ▲ 2.25% COCOA 5,537 ▲ 8.31% BEEF 227.25 ▼ 1.72% CATTLE 343.78 ▼ 0.78% LITHIUM 69.22 ▼ 0.85% PETR4 43.42 ▲ 1.35% VALE3 76.28 ▲ 0.25% ITUB4 42.89 ▲ 0.35% BBDC4 18.43 ▲ 0.22% ABEV3 15.99 ▲ 0.19% BBAS3 21.35 ▲ 0.76% B3SA3 15.73 ▲ 0.64% WEGE3 47.20 ▲ 0.81% PRIO3 60.85 ▲ 1.48% SUZB3 43.32 ▲ 1.38% RENT3 37.61 ▼ 1.62% AZZA3 16.42 ▲ 3.53% CSAN3 4.07 ▲ 2.01% RAIZ4 0.26 — 0.00% PCAR3 2.59 ▼ 5.47% GMAT3 4.03 ▲ 1.26% PSSA3 54.70 ▲ 0.64% CVCB3 1.31 ▲ 0.77% POSI3 3.55 ▲ 0.85% SLCE3 13.38 ▲ 0.91% NATU3 8.38 ▲ 0.60% BRKM5 5.97 ▲ 0.67% RANI3 8.11 ▲ 1.00% CSNA3 4.84 ▼ 2.22% CMIN3 5.71 ▼ 0.17% USIM5 7.36 ▼ 2.52% GGBR4 24.98 — 0.00% ENEV3 26.31 ▲ 0.61% CPFE3 46.14 ▲ 0.11% CMIG4 11.34 ▲ 0.98% EQTL3 38.66 — 0.00% LREN3 13.60 ▲ 0.59% VIVT3 32.63 — 0.00% RAIL3 14.44 ▲ 1.12% KLABIN 18.25 ▲ 1.11% RAIA DROGASIL 18.48 ▲ 1.26% RDOR3 34.64 ▲ 0.64% HAPV3 11.28 ▲ 2.45% FLRY3 17.14 ▲ 1.00% SMTO3 14.52 ▲ 0.83% UGPA3 33.05 ▲ 0.39% VBBR3 36.05 ▲ 1.18% BBSE3 41.26 ▲ 0.98% BPAC11 56.80 ▲ 0.32% CURY3 30.09 ▼ 1.02% AERI3 2.15 ▲ 0.94% VIVARA 22.18 ▲ 0.09% COMPASS 24.84 — 0.00% VAMOS 3.34 ▼ 2.34% SANB11 28.62 ▲ 13.35% ASAI3 8.50 ▲ 1.07% SBSP3 27.70 ▲ 1.06% WALMEX 50.36 ▲ 0.34% GMEXICO 208.29 ▼ 2.20% FEMSA 221.95 ▲ 1.19% CEMEX 20.54 ▼ 0.73% GFNORTE 199.64 ▼ 0.32% BIMBO 62.08 ▲ 2.26% TELEVISA 9.79 ▼ 0.91% AMX 22.00 — 0.00% GAP 376.64 ▼ 1.08% ASUR 275.62 ▼ 0.34% OMA 231.05 ▼ 0.96% KOF 187.94 ▼ 0.14% GRUMA 258.23 ▼ 4.00% KIMBER 40.19 ▼ 0.17% SQM-B 62,700 ▼ 0.93% COPEC 6,350 ▲ 0.79% BSANTANDER 80.99 ▲ 0.36% FALABELLA 6,216 ▼ 0.06% ENELAM 87.99 ▲ 0.39% CENCOSUD 1,955 ▲ 0.51% CMPC 1,055 ▲ 2.43% BANCO CHILE 193.71 ▼ 1.57% LATAM AIR 24.74 ▼ 0.64% YPF 82,900 ▲ 1.94% GGAL 7,890 ▼ 1.56% PAMPA 5,555 ▲ 0.36% TXAR 655.50 ▲ 1.16% ALUAR 977.50 ▼ 0.20% TGS 10,050 ▲ 2.45% CEPU 2,396 ▼ 0.33% MIRGOR 16,350 ▼ 1.95% COME 44.03 ▼ 1.94% LOMA NEGRA 3,620 ▼ 1.76% BYMA 296.00 ▼ 0.34% TELECOM ARG 4,408 ▲ 2.14% ECOPETROL 16.77 ▼ 1.58% BANCOLOMBIA 92.52 ▼ 1.46% GRUPO AVAL 5.28 ▲ 2.75% CREDICORP 400.58 ▼ 0.42% SOUTHERN COPPER 182.71 ▼ 1.24% BUENAVENTURA 30.28 ▼ 4.96% MERCADOLIBRE 1,878 ▼ 0.41% NUBANK 14.33 ▼ 1.10% XP 17.06 ▼ 0.81% PAGSEGURO 9.64 ▼ 2.03% STONE 11.38 ▼ 0.48% GLOBANT 36.60 ▲ 0.58% TECNOGLASS 43.44 ▼ 0.34% GAP AIRPORT 217.35 ▼ 1.02% ASUR 275.62 ▼ 0.34% OMA AIRPORT 106.90 ▼ 1.10% AMX ADR 25.37 ▲ 0.18% FEMSA ADR 127.99 ▲ 0.97% CEMEX ADR 11.82 ▼ 0.92% PETROBRAS ADR 19.40 ▲ 1.46% VALE ADR 15.06 ▲ 0.47% ITAU ADR 8.46 ▲ 0.24% SANTANDER BR 5.67 ▲ 12.28% AMBEV ADR 3.11 ▼ 0.32% CSN 0.99 ▼ 2.42% GERDAU 4.96 — 0.00% LATAM ADR 52.75 ▼ 2.21% BTC 62,868 ▼ 0.97% ETH 1,859 ▼ 1.26% SOL 72.94 ▼ 0.69% XRP 1.07 ▼ 1.23% BNB 583.61 ▼ 0.67% ADA 0.19 ▼ 1.40% DOGE 0.07 ▼ 1.13% AVAX 6.42 ▼ 1.86% LINK 8.27 ▼ 1.23% DOT 0.79 ▼ 0.85% LTC 44.43 ▼ 0.46% BCH 210.74 ▼ 0.84% TRX 0.33 ▼ 0.16% XLM 0.17 ▼ 1.44% HBAR 0.07 ▼ 0.86% NEAR 1.71 ▼ 0.15% ATOM 1.26 ▼ 0.23% AAVE 91.78 ▼ 0.24% SELIC 14.25% EMBRAER 86.89 ▲ 0.87% EMBRAER ADR 68.33 ▲ 0.32% JBS 14.02 ▼ 1.89% JBS BDR 70.70 ▼ 2.01% MBRF3 17.54 ▼ 2.34% MBRFY 3.39 ▼ 2.31% INTER 5.60 ▼ 0.71% EGX 54,286 ▲ 1.23% USD/ZAR 16.47 ▼ 0.46% USD/NGN 1,364 — 0.00% NIKKEI 63,692 ▼ 1.04% CSI300 4,555 ▼ 0.73% HSI 25,895 ▲ 0.04% NIFTY 24,556 ▲ 0.70% KOSPI 6,261 ▼ 5.07% JCI 6,227 ▼ 0.14% USD/JPY 156.54 ▼ 0.55% USD/CNY 6.7528 ▲ 0.12% DAX 25,629 ▲ 0.07% CAC 8,510 ▲ 0.28% FTSE 10,868 ▼ 0.27% MIB 52,173 ▲ 0.13% IBEX 19,783 ▲ 0.13% STOXX 649.19 ▼ 0.12% EUR/USD 1.1535 ▲ 0.07% GBP/USD 1.3469 ▼ 0.13% SPX 7,490 ▲ 0.70% DJI 52,485 ▲ 0.53% NDX 28,274 ▲ 0.60% RUT 2,931 ▼ 0.50% TSX 35,226 ▼ 0.79% VIX 15.99 ▼ 6.44% USD/CAD 1.4030 ▲ 0.09% US10Y 4.7450 ▲ 1.76%
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Business - Brazil Rio de Janeiro

Brazil’s Avianca Cancels Routes and Returns Aircrafts

By · January 18, 2019 · 2 min read

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By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazil’s fourth largest airline company, Avianca, announced it is cancelling most of its international routes as of March 31st, affecting approximately 40,000 passengers. With debts totaling almost R$500 million the company filed for judicial recovery in December.

Brazil,Avianca, Brazil's fourth largest airline company has cancelled most international routes and is expected to return ten aircrafts immediately.
Avianca, Brazil’s fourth largest airline company has cancelled most international routes and is expected to return ten aircrafts immediately, photo by BriYYZ/Flickr.
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“The company remains focused on ensuring the sustainability of the business and on maintaining the excellence of the service, which is in its DNA. It reinforces that all 26 other destinations are preserved and that it continues to operate normally, with more than 240 flights a day,” read the statement issued by the company on Thursday.

Among the international destinations to be cancelled in March are Santiago (Chile), Miami and New York (United States), on flights departing from Guarulhos International Airport in São Paulo.

Passengers who purchased tickets to the cancelled destinations will be reimbursed, according to the company.

Only flights to Bogota (Colombia) will continue. In the note, the company announced that domestic destinations remain in normal operation.

But according to an Anac (National Aviation Agency) measure domestic destinations may also experience cancellations. On Thursday, the government entity announced that it is withdrawing ten Airbus A320 aircraft, operated by the company, from the Brazilian Aeronautical Registry (RAB).

The procedure is being carried out after the request of the aircraft leasing company, GE Capital Aviation Services (GECAS), last Tuesday.

According to Anac, with the cancellation of RAB registrations, the return of the aircrafts is immediate and these planes can no longer be operated by Avianca. This may impact flights scheduled over the next few days.

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