Avianca Holdings

Avianca Holdings S.A.
Sociedad Anónima
Traded as BVC: PFAVH
NYSE: AVH
Industry Air transport
Founded 2010
Headquarters Panama City, Panama
Key people

Germán Efromovich, (Chairman)

Hernan Rincón, (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 Increase US$ 4.3 billion (2012)
Profit Increase US$ 198.6 million (2012)
Number of employees
 19,000
Parent Synergy Group
Subsidiaries Avianca Colombia
Avianca Perú
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 Latin 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 Panama City, Panama.[1][2]

Operations

The company is the second largest airline holding in Latin America by revenue and fleet size after LATAM Airlines Group based in Santiago, Chile. With a fleet of 173 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.[3] 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, 2016:[4]

Subsidiaries

References

  1. ↑ BVC: PFAVH
  2. ↑ Quiénes Somos Avianca Holdings S.A. Fact Sheet, aviancaholdings.com, retrieved 16 June 2017
  3. ↑ Avianca Holdings - Corporate Presentation 2014. aviancaholdings.com. Retrieved 14 May 2015
  4. ↑ "Composición Accionaria Avianca Holdings S.A." (PDF).
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