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Avianca Lays Off 1,800 Staff in Bid to Remain Competitive

Avianca Lays Off 1,800 Staff in Bid to Remain Competitive

By Narayan Ammachchi Latin America’s second largest airline consortium, Avianca Holdings, has reportedly laid off thousands of employees as it struggles to hold on to its share of an increasingly competitive market. According to Latin American Airline News, the airline ...

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Devaluation of the Peso Boosts Argentina’s Tourism Sector

Devaluation of the Peso Boosts Argentina’s Tourism Sector

By Narayan Ammachchi Argentina’s tourism industry is booming, with the number of foreign visitors rising to over five million so far this year. According to the Buenos Aires Herald, the nation’s Tourism Ministry expects international arrivals to total six million by the end ...

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Work on the Nicaragua Canal Set to Begin in December

Work on the Nicaragua Canal Set to Begin in December

By Narayan Ammachchi After a year of making preparations, Nicaragua has finally announced that it will soon begin construction of a major canal to link the Atlantic Ocean with the Pacific. Billed as the world’s biggest engineering project, the Nicaragua ...

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