Avianca and Gol see 2026 IPO 'very difficult' amid U.S. market uncertainty

Executives at Avianca and Gol, which merged in 2024, indicate that a 2026 public listing is unlikely due to weak U.S. IPO activity, which has underperformed even during the typically active September window. This signals continued caution in equity capital markets and reflects broader uncertainty that may deter other issuers.

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