Government role key as Avianca faces Chapter 11

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Government role key as Avianca faces Chapter 11

Avianca, HQ, Bogota, LatAm, Colombia, airline, 575
Bogota, Colombia ñ January 31, 2019: Avianca headquarters at Bogota airport (BOG) in Colombia. | usage worldwide | Markus Mainka/DPA/PA Images

Holders of Avianca’s international bonds are keenly watching the Colombian government’s next move after the airline filed for Chapter 11 bankruptcy protection in New York.

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