Avianca: Proposed alliance negotiations with United do not include capitalisation, credit or loans

Avianca stated (07-Mar-2017) it is negotiating the details of a potential alliance with United Airlines, reiterating that while it is in its best interests to enter into a long-term alliance, negotiations are "at an early stage." Avianca said the terms and conditions of such an agreement will only be published "only if and when both parties are able to reach a definitive, binding agreement", stressing United Airlines is not contemplating entering into capitalisation, credit or loans with Avianca. [more - original PR]