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Finally, the Aerocivil from Colombia gave the resolution authorizing the integration between Viva and Avianca, but there are conditions that would have to be accepted.
They passed close to 9 months since this process or request for both began integra airlinese under the same company with the aim of saving Viva from a complex financial situation.
This integration of the main Colombian airline, Avianca, and third in market share, Viva, was a great concern for regulatory entities due to a market concentration that would leave Avianca with over 60% of the air market Colombia.
Precisely, This concern delayed the process and led to the suspension of Viva's operations last February due to the impossibility of meeting its financial commitments and lack of liquidity., but finally the Colombian aeronautical authority has given a definitive response to this request.
Aerocivil says yes, but there are conditions for Avianca
In a brief public statement, despite the fact that the official resolution has almost 200 pages, Aerocivil ruled on the request of Viva and Avianca, which authorizes the integration, but conditioning it to compliance with various structural and behavioral remedies to guarantee the following:
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That the rights of VIVA users are respected, their tickets for canceled flights will be refunded and they will beallow those who have tickets pending to fly to fly. In any case, must respond to VIVA passengers affected by the company's unilateral decisions to cease operations.
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The return of slots that imply aggravating the situation of concentration in the most demanded slots (prime) for both the Summer and Winter seasons, both in departures and arrivals, with the purpose of not increasing the entry barriers that access to the El Dorado Airport infrastructure generates in this market..
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Maintain VIVA's low-cost scheme as an option in air transport, that materializes options for air service users.
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The return of frequencies on the Bogotá Aires route, which is particularly impacted Buenos Aires.
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Maintain an effective fare limit on the routes where the integrated entity remains with the 100%.
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Guarantee dynamism on routes subject to greater concentration.
¿Regresan los vuelos de VIVA?
Not yet, As we can see, there are still several legal issues to be resolved., from the acceptance or not of Avianca as well as appeal that other airlines interested in acquiring Viva may have..
I recommend that you continue to monitor the airlines' social networks to learn about the remedial measures that are being taken with the affected Viva passengers who cannot yet travel with purchased tickets..
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