Avianca Holdings, which seeks to finalize its restructuring process under Chapter 11 of the United States Bankruptcy Law, will offer the possibility of reinstatement to about 100 pilots who left the airline after a strike in 2017, the company reported Thursday.
At the beginning of November a court of USA confirmed the reorganization plan adopted by the airline in May 2020.
“Without a doubt we marked a milestone in our history and this opportunity is golden to start from scratch, to strengthen teamwork and build the Avianca that we all need,” said the president and CEO of Avianca, Adrian Neuhauser.
The airline It faced a 51-day strike by its pilots between September and November 2017, which cut its operation in half at its most critical moment.
The cessation of activities, declared illegal by a high court, forced the airline to land several of their planes affecting thousands of passengers.
After the strike ended, dozens of pilots they were fired based on the declaration of illegality, while others resigned or were retired.
Avianca Holdings will change your address to United Kingdom and their shares were no longer traded in the Colombia Stock Exchange, after a court of USA confirmed its reorganization plan in early November.
The business plan approved by Avianca It covers all the axes of its operation, including the destinations it will serve, the planes it will operate and the way the airline will serve its customers.
The plan will allow the airline that was the flagship of Colombia have a route network with a fleet of more than 130 aircraft to serve in 2025 more than 200 point-to-point routes in Latin America, as travel demand recovers.
The pilots who decide to reintegrate will do so under the same conditions that were agreed in 2020 for the rest of the aviators.
The company, which has about 14,000 employees, including about 1,000 pilots, will initiate a training program that exceeds the demands of the aeronautical regulations.
“The pilots and the administration of AviancaDivided by past circumstances, they come together again to keep Colombia connected and supplied, while seeking to help all company workers, “said the president of the Colombian Association of Civil Aviators, Jaime Hernández.
Avianca and LATAM Airlines underwent restructuring under Chapter 11 of the United States Bankruptcy Law when the coronavirus pandemic hit the airline sector due to mobility restrictions, which were especially harsh in Latin America.
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Reference-www.eleconomista.com.mx