Union negotiators from the pilots union, the Air Line Pilots Association (ALPA), and FedEx management reached the tentative agreement on May 30.

Avianca CEO Adrian Neuhauser said the “most damage done” from the exit of Viva and Ultra Air has been in Colombian cities Medellin and San Andreas.

The airline industry lost close to $180 billion in the pandemic. Now that profits are returning on strong demand, carriers aim to secure long-term capacity.