Colombian taxpayers are bailing out Avianca

by Canning House Associate Fellow Andrew Thompson

Every week, Andrew Thompson draws on his great wealth of knowledge and experience of Latin America to bring our audience in-depth insights on economics, political risk, and business in the region.

This week, he assesses the Colombian government's controversial loan to Avianca, Latin America's second-largest airline, to save it from Covid-19-induced bankruptcy.

These stories are also available on Andrew’s blog site:

La Rambla Research

What happened?

Avianca chief executive Anko van der Wer on 2 September responded to criticism of a government funded US$570mn loan to help rescue the airline.

Download the full article to find out the details...

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Colombian taxpayers are bailing out Avianca