Avianca Holdings

Avianca Holdings S.A.

Type	Sociedad Anónima
Traded as	BVC: PFAVH NYSE: AVH
Industry	Air transport
Founded	2010
Headquarters	Bogotá, Colombia
Key people	Germán Efromovich, (Chairman) Fabio Villegas Ramírez, (CEO) Santiago Andrés Diago, (COO)
Products	Air passenger transport (Avianca) Air cargo transport (Avianca Cargo) Ground cargo transport and courier (Avianca Deprisa) Aircraft maintenance and staff training (Avianca Services) Frequent-flyer program (Avianca LifeMiles) Travel and holiday services (Avianca Tours) Air taxi and charter services (Avianca Taxi)
Revenue	US$ 4.3 billion (2012)
Profit	US$ 198.6 million (2012)
Number of employees	19,000
Parent	Synergy Group
Subsidiaries	Avianca Colombia Avianca Peru Avianca El Salvador Avianca Costa Rica Avianca Ecuador Avianca Nicaragua Avianca Honduras Avianca Guatemala Avianca Philippines (proposed) Avianca Cargo Avianca Taxi
Website	www.aviancaholdings.com

Avianca Holdings (formerly AviancaTaca AirHoldings Inc.) is a South American airline holding company formed in February 2010 by the merger of two airlines, Avianca from Colombia and TACA Airlines from El Salvador. The company is a subsidiary of Synergy Group, a South American conglomerate based in Rio de Janeiro, Brazil. Avianca Holdings S.A. is headquartered in Bogotá, Colombia.^[1][2][3]

Operations

The company is the second largest airline holding company in Latin America by revenue, after the Brazilian-Chilean LATAM Airlines Group, and the second largest by fleet size. With a fleet of 157 aircraft and more than 19,000 employees, Avianca serves over 100 destinations in America and Europe, which connect to over 750 destinations worldwide through codeshare agreements with partner airlines. Avianca carried 24,6 million passengers in 2013.^[4] The company's main competitors are LATAM Airlines Group, Gol Transportes Aéreos and Azul Brazilian Airlines.

Shareholding

Avianca Headquarters in Bogotá, D.C.

Shareholding composition of Avianca Holding S.A. as of September 30, 2014:^[5]

• Synergy Aerospace Corp. (Efromovich Family) - 52.03%
• Avianca Holdings S.A. ADR PROGRAM - 16.62%
• Kingsland Holdings Ltd. (Kriete Family) - 14.46%
• Norges Bank - 1.68%
• Several pension funds plus numerous individual investors, mostly Colombian - 5.44%
• Others - 9.76%

Subsidiaries

• Avianca
  • Avianca Cargo
  • Avianca Costa Rica
  • Avianca Ecuador
  • Avianca El Salvador
  • Avianca Honduras
  • Avianca Nicaragua
  • Avianca Peru
  • Avianca Guatemala
  • Helicol
  • Petroleum Aviation Services (PAS)
  • Sansa Airlines
  • Target, a Brazilian MRO company based at São Paulo-Guarulhos International Airport in São Paulo.
  • TurbServ, a Brazilian MRO company based at São Paulo-Guarulhos International Airport in São Paulo.

Components of the COLCAP Index Almacenes Éxito Avianca Holdings Banco de Bogotá Bancolombia Canacol Energy Celsia Cementos Argos Cemex LatAm Holdings Colombia Stock Exchange Corficolombiana Davivienda Ecopetrol Empresa de Energía de Bogotá Grupo Argos Grupo Aval Grupo Nutresa Grupo Sura Interconexión Eléctrica Pacific Rubiales Energy

IGBC companies of Colombia Argos Avianca Holding Banco de Bogotá Banco de Occidente Bancolombia Bolsa de Valores de Colombia Cemex LatAm Holdings Corficolombiana Davivienda Ecopetrol ETB Grupo Argos Grupo Aval Grupo Éxito Grupo Nutresa Odinsa Pacific Rubiales Energy

References

1. ↑ BVC: PFAVH
2. ↑ "AVIANCA HOLDINGS S.A.". nasdaq.com. Retrieved 28 October 2015. 
3. ↑ About Avianca Holdings S.A., aviancaholdings.com, retrieved 3 October 2015
4. ↑ Avianca Holdings - Corporate Presentation 2014. aviancaholdings.com. Retrieved 14 May 2015
5. ↑ "Composición Accionaria Avianca Holdings S.A." (PDF).