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Avianca Group

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Avianca Holdings S.A.
Company typeSociedad Anónima
BVC: PFAVH
NYSEAVH
IndustryAir transport
Founded2010
HeadquartersBogotá, Colombia
Key people
Germán Efromovich, (Chairman) &

Fabio Villegas Ramírez, (CEO) &

Santiago Andrés Diago Heilbron, (COO)
ProductsAir 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)
RevenueIncrease US$ 4.3 billion (2012)
Increase US$ 198.6 million (2012)
Number of employees
19,000
ParentSynergy Group
SubsidiariesAvianca Colombia
Avianca Peru
Avianca El Salvador
Avianca Costa Rica
Avianca Ecuador
Avianca Nicaragua
Avianca Honduras
Avianca Guatemala
Avianca Philippines (proposed)
Avianca Cargo
Avianca Taxi
Websitewww.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.[2][3][4]

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.[5] 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:[6]

Subsidiaries

References

  1. ^ fatos e números Pagina oficial da Star Alliance, Julho 2012
  2. ^ "AVIANCA HOLDINGS S.A." nasdaq.com. Retrieved 28 October 2015.
  3. ^ About Avianca Holdings S.A., aviancaholdings.com, retrieved 3 October 2015
  4. ^ BVC: PFAVH
  5. ^ Avianca Holdings - Corporate Presentation 2014. aviancaholdings.com. Retrieved 14 May 2015
  6. ^ "Composición Accionaria Avianca Holdings S.A." (PDF).