As the government of Panamá announced the closing of its airspace to international passenger arrivals beginning Sunday, until April 21, Panamanian regional carrier Copa Airlines (NYSE: CPA) announced that it has been forced to cancel all flights so will temporarily cease operations.
Sovereign and corporate issuers in Latin America will be adversely affected by slower Chinese demand and commodity price weakness caused by coronavirus due to high commodity export dependence and direct trade exposure to China, says Fitch Ratings.
Growth in public debt burdens and fiscal deficits in many Latin American countries over the past decade will undermine the ability of governments to respond to shocks and a sharper than expected global slowdown in 2020, says Fitch Ratings. Weakening ...
Panamá based Copa Airlines, a subsidiary of Copa Holdings, S.A., officially began operations of its new route to the city of Paramaribo, in the Republic of Suriname, being the only airline that will connect this destination with 80 other destinations ...
Digital Transformation Advances in Colombia as Nation’s Largest Bank Plans to Invest $140 Million USD
Grupo Bancolombia plans to invest some $140 million USD in digital transformation and artificial intelligence initiatives this year.
Piarco International Airport was also honored for having the best airport staff in the Caribbean due to the quality of service, efficiency, attitude, and friendliness shown by employees.