Investment in Latin America is drying up because of the global pandemic.
Colombian airline Avianca, Latin America’s second-largest in both fleet size and revenue, has been flying through some turbulence. Airbus recently claimed Avianca executives demanded kickbacks, and major shareholder German Efromovich says he’s close to winning a bitter lawsuit against lender United Airlines and shareholder Kingsland Holdings for ousting him as chairman. CEO Anko van der Werff and CFO Adrian Neuhauser tell Global Finance about raising money and finding smoother skies.
Brazil's economic fundamentals may be strong enough to withstand any coronavirus-related headwinds.
The coronavirus crisis will not have an equal economic impact on Latin America's economies.