Avianca CEO Says Kingsland Suit Has No Merit

The transcript discusses a legal dispute between Kingsland and Avianca over a secret $800 million deal with United. Avianca is confident the lawsuit will be dismissed and is focused on company growth. They are in ongoing negotiations with United, aiming to finalize an agreement within the year. Analysts are optimistic about Avianca's future, citing economic and passenger growth in Latin America. The region's stability and positive market conditions contribute to a favorable outlook for the airline.

What progress has been made in negotiations with United according to the speaker?

What are the growth expectations for the airline industry in Latin America as mentioned in the text?