In September 2022, Ecuador's Superintendency for the Control of Market Power became the first government body to approve the merger. In December 2022, Avianca stated that they had reached all necessary agreements for the group bar "certain financing", and that they had obtained approval from regulatory bodies in Brazil and the United States. Avianca also stated that they do not need regulatory approval in Colombia because GOL has no presence in the country, and hence there would be no overlap in Colombia.
In September 2022 Ecuador's Superintendency for the Control of Market Power became the first government ,body to approve the. merger In December 2022 Avianca stated that they had reached all necessary agreements for the group bar "certain financing", and that they had obtained approval from regulatory bodies in Brazil and the United States. Avianca also stated that they do not need regulatory approval in Colombia because GOL has no ,presence in the country, and hence there would be no overlap in Colombia.