Avíanca files for bankruptcy

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Old May 10, 20, 9:36 am   -   Wikipost
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As you can imagine, the COVID-19 pandemic continues to impact the travel industry, including airlines like Avianca. In light of these challenges, Avianca announced that it has initiated reorganization proceedings under Chapter 11 of the United States Bankruptcy Code. This is an important step for Avianca as it works to preserve jobs, promote the economic recovery of its core markets, and maintain connectivity and operations to continue its 100-year legacy of connecting you to the places and people that you love.

It’s important for you to know that Avianca plans to continue honoring the LifeMiles loyalty program, and has extended its frequent flyers’ Elite status through January 2022. Members will continue to earn miles on Avianca flights as well as redeem LifeMiles for Avianca tickets, or for tickets with Star Alliance and other air partners, as normal. Avianca expects tickets redeemed with miles will continue to be exempt from change penalty fees until October 2020. You can find more information on Avianca’s announcement at www.aviancawillkeeponflying.com.

Please keep in mind that LifeMiles is a separate business from Avianca. Our company has a strong financial position and our assets are well insulated from Avianca’s reorganization process. This news does not affect your member status, your miles balance or how we do business together.

LifeMiles is operating as normal, supported by our strong and growing coalition of more than 550 commercial partners and loyal member base – so you can remain confident in the value of, and ability to redeem, your miles today, tomorrow and beyond. You can continue to earn miles through your everyday purchases by using your LifeMiles credit card, and by shopping in our broad network of partners, which includes premier hotels, major car rental companies, popular restaurants, and other commercial establishments such as gas stations, supermarkets and leading apparel brands.

In addition, the miles you’ve earned are safe, ready to be redeemed whenever you’re ready to live them to the fullest – LifeMiles will not expire any miles between April 1, 2020, and December 31, 2020. I’d also emphasize that every accrual of miles extends the validity of all miles in your account for at least 12 months more. In this way, the best way for you to protect your miles is to keep earning more!

Moving forward, we understand you may have questions, and encourage you to take a look at the FAQ we have posted at www.LifeMilesNews.com.

Importantly, I want to thank you for your continued support and loyalty to LifeMiles. Our team is monitoring the COVID-19 situation closely and will be sure to share any additional updates with you. In the meantime, take care, and I look forward to helping you live your next adventure soon.

Sincerely,
Matt VincettLifeMiles Chief Executive Officer
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Old May 20, 20, 7:20 am
  #31  
 
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I am curious (not being that well informed here). I was due to be flying with Avianca from GPS to UIO in June but cancelled a few weeks back (it was a UA mileage ticket so no issues). However, I am re-arranging my vacation for December and see Expedia is still selling Avianca (Ecuador) tickets from GPS - UIO and Expertflyer advises other AV services.

Surely if the are BK they can't sell tickets ? and who would want to buy them given the current situation ?
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Old May 20, 20, 9:44 am
  #32  
 
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Originally Posted by moral_low_ground View Post
I am curious (not being that well informed here). I was due to be flying with Avianca from GPS to UIO in June but cancelled a few weeks back (it was a UA mileage ticket so no issues). However, I am re-arranging my vacation for December and see Expedia is still selling Avianca (Ecuador) tickets from GPS - UIO and Expertflyer advises other AV services.

Surely if the are BK they can't sell tickets ? and who would want to buy them given the current situation ?
I saw that yesterday and i was surprised. They keep selling tickets even via their website!
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Old May 20, 20, 8:47 pm
  #33  
 
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Originally Posted by moral_low_ground View Post
I am curious (not being that well informed here). I was due to be flying with Avianca from GPS to UIO in June but cancelled a few weeks back (it was a UA mileage ticket so no issues). However, I am re-arranging my vacation for December and see Expedia is still selling Avianca (Ecuador) tickets from GPS - UIO and Expertflyer advises other AV services.

Surely if the are BK they can't sell tickets ? and who would want to buy them given the current situation ?
Originally Posted by ermis177 View Post
I saw that yesterday and i was surprised. They keep selling tickets even via their website!
A business can and usually does continue to operate during Chapter 11 bankruptcy. It's a mechanism for debt restructuring, it's not like they liquidated or something.
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Old May 20, 20, 10:42 pm
  #34  
 
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Originally Posted by nexusCFX View Post
A business can and usually does continue to operate during Chapter 11 bankruptcy. It's a mechanism for debt restructuring, it's not like they liquidated or something.
I am totally oblivious to what chapter 11 entails but there is one thing i know. Good luck with getting your money back. Colombian airline going bankrupt?
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Old May 21, 20, 4:48 pm
  #35  
 
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I checked award tickets availability for ANA flights from SFO to NRT next spring. I saw decent amount of economy awards available. Biz were hard to find. But a few F were scattered.

michaelmorio
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Old May 22, 20, 2:20 am
  #36  
 
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Originally Posted by michaelmorio View Post
I checked award tickets availability for ANA flights from SFO to NRT next spring. I saw decent amount of economy awards available. Biz were hard to find. But a few F were scattered.

michaelmorio
Is this in reference to reports about limited inventory? I personally haven't noticed anything gone like the earlier poster has.
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Old May 22, 20, 11:53 am
  #37  
 
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Yes, it's in response to the post #29 Andy76 posted on May 17. I thought I quoted his post but didn't. Sorry.

michaelmorio
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Old Today, 5:44 pm
  #38  
 
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Colombia banning international flights until August 31st. Domestic flights might resume in July

https://www.bloomberg.com/news/artic...strictest-bans
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