Avianca seeks international investment

Colombia’s Avianca Holdings and Avianca Brasil, the two airlines controlled by the Efromovich brothers, are seeking separate international partners, including in the Middle East, while maintaining a long-term goal of merging. “We are under confidentiality agreements” and many companies have shown interest, said Jose Efromovich, the chairman of Avianca Brasil, in Sao Paulo. “We are looking for a partner anywhere in the world. In the Middle East, in Europe, in the United States, in the Americas. Everything is possible, but it needs to make sense.” Etihad Airways and Avianca Brasil in June announced a codeshare partnership. Under the agreement, Etihad