Abra Group, parent company of Colombia’s avianca airlines (AV, Bogotá) and Brazil’s GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas), is set to meet with creditors and bondholders about its USD1.5 billion bonds as it looks to strike a comprehensive restructuring deal.

As first reported by Bloomberg News, which cited unnamed sources close to the matter, the holding company launched in 2022 is already looking to fix its balance sheet and is working with investment banker Rothschild Co on doing so. It has been the parent entity for…

Source: ch aviation
Read more: GOL, avianca parent in talks with creditors – report