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Latin America's airlines pray for bailouts to avoid Avianca's fate

FILE PHOTO: Outbreak of the coronavirus disease (COVID-19), in Bogota
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SAO PAULO (Reuters) - Avianca Holdings had known since late March that the Colombian airline's cash pile would only cover a few months of expenses while its entire fleet sat grounded because of aggressive anti-coronavirus lockdowns.In those conditions, Sunday's bankruptcy filing was hardly a surprise. What was surprising was the absence of one key stakeholder: the Colombian government.That stands..
Date Published: May 13, 2020
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