The low-cost airline said in a statement that it took that step after Aeronautica Civil (Aerocivil) decided to include various third parties in the process of reviewing the proposed takeover.
Those third parties include
"This unprecedented decision will result in further delays and forces
The carrier said it has presented a host of evidence to Aerocivil showing that it is facing a critical financial situation and can only continue flying if it is allowed to become "part of a stronger and more well-capitalized group of airlines."
Viva said that while its flights are grounded it will "continue negotiations with creditors ... and will work to preserve its ability to restart operations at a future date, assuming Aerocivil immediately approves the pending alliance."
The budget airline based at
Viva's move Tuesday to halt all operations triggered protests at the
Upon learning of Viva's decision, Aerocivil issued a statement assuring consumers it will especially work to ensure "respect for the rights of affected users."
In November,
Among other arguments, the civil aviation authority said the tie-up would create a monopoly on 16 domestic routes.
But on
The merger proposal calls for Viva Air Colombia to join Grupo Abra, a regional holding company that the main shareholders of
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