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Colombian flag carrier Avianca has attracted several parties interested in acquiring an equity stake in the airline, after last week gaining another extension to a deadline imposed by New York s South District Court for the submission of its restructuring plan. Languishing under $289 million of debt to US creditors, aggravated by heavy domestic liabilities that raise its total debt to $346 million, Avianca last year gained bankruptcy protection from the US courts. Since then the airline has undergone substantial fleet, route and staff cuts as it attempts to restructure. However, with the airline s management having failed to disclose details of the plan and the identities of interested investment groups, Avianca s creditors are pressing for a quick solution. Several foreign airlines have tendered proposals to buy a stake in Avianca. It is understood that the leading proposal was submitted recently by US carrier Continental Airlines, in partnership with Pana adidas yeezy manian carrier Copa, which will be reviewed by Avianca s main shareholders - Valores Bavaria and the National Coffee Federation. Local analysts believe that a purchaser is bein adidas samba og g sought for Avianca, rather than a partner.Source: Flight InternationalTopicsNetworksStrategy Related articles adidas samba og News Air Canada names Wzcd Unmanned Systems - Europe 2004 - EADS lifts lid on new tactical UAV
The full line-up of world premieres in the TIFF Docs programme, with details on each title including sales contacts.Being AP UK-Ire Dir Anthony Wonk owala cup eBafta winner and Emmy nominee Wonke Children On The Front Line offers an intimate portrait of legendary jockey AP yeezy website McCoy, a 19-time champion jump jockey. The Northern Irish owala nz jockey, aged 40 when the film was shot during his final season, has had a 25-year racing career including 4,300 wins, 700 falls and 40 broken bones. Backers include BBC Films, the Irish Film Board and Northern Ireland Screen. eOne has already acquired UK and Irish rights.Contact: Roads Entertainment, [email protected] Babylon UK Dir Nick ReadMoscows famed, 200-year-old Bolshoi Ballet has been making headlines for all the wrong reasons in recent years, after the 2013 acid attack on artistic director Sergei Filin. At such a turbulent time in the companys history, Reads crew has been granted backstage access for the first time, with his doc promising to combine epic themes with intimate portraits . Oscar winner Simon Chinn Searching For Sugar Man executive produces, while Mark Franchetti Terror In Moscow produces. HBO will air in the US in December; Altitude will release in the UK and is handling international sales.Contact: Altitude Films, info@altitudefilmentGuantanamos Child: Omar Khadr Can Dirs Patrick Reed, Michelle ShephardReed and Shephard allow the eponymous Canadian citizen, who served a decade in US captivity after his arrest in Afghan