Avianca is rocked by striking pilots and warring owners


HERNÁN RINCÓN has big plans for Avianca. He has run the Colombian airline since leaving the top job at Microsoft’s Latin American business last year. Now he wants to turn the world’s second-oldest carrier into a “digital company that flies planes”—using technology to improve customer experience and operations—and rival Chile’s LATAM, the regional leader. And he hopes soon to seal a strategic partnership with United Airlines, America’s fourth-biggest by passenger numbers.

However, progress towards these goals has stalled. A month-long strike by pilots demanding better pay has disrupted journeys of 375,000 passengers. Complicating life further for Mr Rincón is a court battle between two shareholders: Germán Efromovich, a Bolivian businessman, and Roberto Kriete, a tycoon from El Salvador. A dispute over how to run the airline turned nasty after Mr Efromovich announced the United tie-up in January. Mr Kriete sued both airlines, Mr Efromovich, his brother José and Synergy (…

Комментариев нет

Добавить комментарий

Этот сайт использует Akismet для борьбы со спамом. Узнайте как обрабатываются ваши данные комментариев.

Google can no longer count on political goodwill at home

“WE USED to be so dismissed,” says Jeremy Stoppelman, the boss of Yelp, an online-review site which has waged a six-year-long battle against Google over how the online giant ranks its search results. Now American regulators are taking concerns about Google more seriously. On November 13th, Josh Hawley, Missouri’s attorney-general, …

How tech giants are ruled by control freaks

THIS month Schumpeter visited the Barnes Foundation, a gallery in Philadelphia full of paintings by Picasso, Matisse and Van Gogh. Albert Barnes, born in 1872, is notable for two things. He made a fortune from an antiseptic that cured gonorrhoea. And he stipulated exactly how his art collection should be …

The last media mogul stuns his industry with talk of selling

THE only media mogul still bestriding his industry in old-fashioned style is used to being a predator rather than prey, a builder of empires, not a dismantler of them. So Rupert Murdoch’s reported willingness to sell off much of 21st Century Fox, whether to a rival such as Disney or …