Air Transport World

Copa.(Latin America/ Caribbean report)(Brief Article)

Copa of Panama with the support of 49% owner Continental Airlines emerged to challenge Brazil's Grupo Sinergy for control of a reorganized Avianca. The Colombian carrier's current ownership is split 50/50 between Valores Bavaria and the National Federation of Coffee Growers, which in March announced that Grupo Sinergy had agreed to invest $64 million and assume $300 million in liabilities to acquire 75% of the bankrupt airline. …

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