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Read More »Avianca counters slump worries with cash-rich deal
Bloomberg Avianca Brasil is pushing ahead with plans to overhaul its aircraft fleet as the closely held carrier shakes off worries over the deep Brazilian recession and looks ahead to projections of rapid growth in Latin American air travel. Synergy Aerospace Corp., the airline’s owner, agreed to buy 62 narrow-body planes from Airbus Group SE’s A320neo family, the companies …
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