CEO: Avianca, Avianca Brasil merger needs more time for approval

Credit: Rob Finlayson
The merger between Avianca Brasil and Avianca Colombia is taking more time than expected, Avianca Brasil CEO Jose Efromovich told ATW . “It is not an easy task to merge. It will happen, yes, but we underestimated the timing because there are many, many issues between [all the] different nations, not...

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