Colombian airline Avianca, Latin America’s second-largest in both fleet size and revenue, has been flying through some turbulence. Airbus recently claimed Avianca executives demanded kickbacks, and major shareholder German Efromovich says he’s close to winning a bitter lawsuit against lender United Airlines and shareholder Kingsland Holdings for ousting him as chairman. CEO Anko van der Werff and CFO Adrian Neuhauser tell Global Finance about raising money and finding smoother skies.
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