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Tough Deal: Q&A With Colombian Airline Avianca’s CEO And CFO

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.

Emerging & Frontier Markets

Latin America: Back on Track

Good news from Latin America: With Brazil and Argentina coming out of the 2015-2016 recession, the region has returned to expansion mode and is expected to gain economic strength this year and next. The return of capital inflows and an apparent change in foreign direct investment (FDI) are the most evident signs that investors’ views of South and Central America have tilted more to the positive of late. The region is back on track.

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Latin America Back On Track

A nascent global recovery is improving prospects across Latin America and the Caribbean—albeit unevenly.Foreign direct investment is increasing, commodity prices have bottomed out, and six countries will hold presidential elections through the end of October.

Capital Raising & Corporate Finance

Can Colombia Count On A Peace Dividend?

<strong>Trends | Peace Deals</strong><br /> Low oil prices are widening Colombia’s current-account deficit, dampening the confidence of foreign investors and dragging down the economy.

Economics, Policy & Regulation

COLOMBIA TO JOIN OECD

Milestones | Colombia<br /> The Organization for Economic Cooperation and Development (OECD) is a relatively small club of 34 countries. It seeks long-term social and economic development through data collection, analysis and discussions.

Capital Raising & Corporate Finance

ANNUAL SURVEY: WORLD’S BEST BANKS 2014

In our 21st annual survey, Global Finance identifies the best banks in 150 countries and eight regions. The winners are not always the biggest banks, but rather, the best—those with the qualities that corporations should look for when choosing a bank.
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