Type Sociedad Anónima Industry Air transport Headquarters Panama | Traded as BVC: PFAVH
NYSE: AVH Founded 2010 Revenue 4.3 billion USD (2012) | |
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) Stock price A90A (FRA) € 6.48 -0.31 (-4.51%)3 Mar, 8:00 AM GMT+1 - Disclaimer CEO Hernán Rincón (4 Apr 2016–) Subsidiaries Avianca, Avianca El Salvador, Avianca Brazil Profiles | ||
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 Bogotá, Colombia.
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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. The company's main competitors are LATAM Airlines Group, Gol Transportes Aéreos and Azul Brazilian Airlines.
Shareholding
Shareholding composition of Avianca Holding S.A. as of September 30, 2016: