Caracas Meeting Leads To Viasa Liquidation
Viasa's board decided to liquidate the airline after efforts to rescue the loss leader failed to satisfy investors and union members, according to DAILY affiliate Aviation-Latin America&Caribbean. A restructuring plan developed by 45% owner Iberia included a headcount reduction of 18% and...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.