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Efromovich to own Latin America’s No. 2 airline

CARTAGENA, Colombia - A little more than 10 years after buying his first jet in Brazil, Bolivian-born German Efromovich is set to control the second-largest airline in Latin America, with a total flee

Avianca owner: We will need many planes

BOGOTA - Newly merged airlines Avianca SA of Colombia and Grupo TACA of El Salvador will need many planes, businessman German Efromovich, the controlling shareholder of the holding company that now ow

Owner of defunct airline arrested

Raleigh, N.C. — State Department of Insurance agents on Tuesday arrested the owner of Pace Airlines Inc. on charges that he abruptly ended health insurance coverage for company employees.