Avianca has received approval from the US Bankruptcy Court for the Southern District of New York to access its debtor-in-possession (DIP) financing totalling just over US$2bn. Adrian Neuhauser, Chief Financial Officer of Avianca said, “The approval of the DIP financing package is a significant milestone and an important step forward for Avianca. We would like to again thank our lenders for their support and confidence in Avianca’s future success. We continue to work on our go-forward operating plan in order to emerge from this process as a stronger and more efficient airline, and look forward to presenting our plan to

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