Colombian airline Avianca Holdings canceled an order of 17 Airbus A320 Neo aircr...
FILE PHOTO - Hernan Rincon, executive president and CEO of AVIANCA Holdings S.A., speaks during a new aircraft presentation ceremony at Monsignor Oscar Arnulfo Romero International Airport in San Luis Talpa, El Salvador May 7, 2018. REUTERS/Jose Cabezas
Avianca said this would reduce its financial commitments between 2020 and 2022 by $2.6 billion. The Colombian carrier has shifted its strategy to focus on profitability from growth.
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