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DHL Global Forwarding Goes Wild!

Bonn, Germany – DHL Global Forwarding has continued its commitment to supporting wildlife by assisting a conservation organization with the rescue five lions and one tiger from captivity. On behalf of Warriors of Wildlife, the wild cats, all born in Ukraine, were relocated safely to South Africa. Following this transport, the non-profit organization has rescued a total of 28 wild cats and other animals from Ukraine. In the past, DHL Global Forwarding has also helped relocate several brown bears, pandas, and most recently, “the world’s loneliest elephant,” Kaavan.

The wild cats were kept in a private zoo in Chernivtsi and a zoo in Nikolaev in the south of Ukraine. DHL brought them to a sanctuary run by the head of the wildlife organization Lionel de Lange. The Simbonga Game Farm & Sanctuary is located near Gqeberha (Port Elizabeth), Eastern Cape, South Africa. Throughout the whole journey the animals were monitored by veterinarian specialists. In Ukraine, the DHL team had the support of a Ukrainian vet until departure. Together with the director of Warriors for Wildlife and another veterinarian they boarded then their flight from Boryspil International Airport to O.R. Tambo International Airport in Johannesburg. The last leg of their journey the cats travelled via road before they were finally welcomed to their new home.

Warriors of Wildlife is a non-profit organization dedicated to the rescue, relocation and future care of abused and neglected wildlife in captivity. The organization was founded in 2016 by Lionel de Lange and his wife Anya Masyach and operates from Ukraine and South Africa.

Avianca Files for Bankruptcy Protection

(Reuters) – Avianca Holdings, Latin America’s second-largest airline, filed for bankruptcy on Sunday, after failing to meet a bond payment deadline, while its pleas for coronavirus aid from Colombia’s government have so far been unsuccessful.

If it fails to come out of bankruptcy, Bogota-based Avianca would be one of the first major carriers worldwide to go under as a result of the pandemic, which has crippled world travel.

Avianca has not flown a regularly scheduled passenger flight since late March and most of its 20,000 employees have gone without pay through the crisis.

“Avianca is facing the most challenging crisis in our 100-year history,” Avianca Chief Executive Anko van der Werff said in a news release.

While Avianca was already weak before the coronavirus outbreak, its bankruptcy filing highlights the challenges for airlines that cannot count on state rescues or on such rescues coming fast enough. Avianca is still hoping for a government bailout.

“This isn’t a surprise at all,” said Juan David Ballen, chief economist at Casa de Bolsa brokerage in Bogota. “The company was heavily indebted despite the fact it tried to restructure its debt last year.”

Avianca, the second-oldest continually operating airline in the world after KLM, had $7.3 billion in debts in 2019. The airline filed for Chapter 11 bankruptcy in New York and said it would continue operations while it restructured its debts.

The Colombian Association of Civil Aviators (ACDAC), a union representing many Avianca employees, said it supported the move.

Avianca already went through bankruptcy in the early 2000s, from which it was rescued by a Bolivian-born oil businessman, German Efromovich.

Efromovich grew Avianca aggressively but also saddled the carrier with significant debt until he was ousted from the airline last year in a boardroom coup led by United Airlines Holdings Inc. He still owns a majority stake in the carrier.

United stands to lose up to $700 million in loans related to Avianca.

Efromovich told Reuters on Sunday that he disagreed with the decision to file for bankruptcy and that he was not involved in making it.

Click the link below to read the full story!

https://finance.yahoo.com/news/colombias-avianca-airline-files-bankruptcy-174035790.html

The logo of Avianca Airlines is pictured at a counter following the cancellation of an Avianca flight to San Salvador due to coronavirus fears in Mexico City