Avianca holdings

Avianca has long anticipated the entrance of its new cabin configuration in its subsidiaries, bringing a new setup with the three new seats types: Premium, Plus and Economy The Colombian carrier estimated that the first aircraft with the complete design would be ready during the second quarter of 2022 and that the total and final […]

Avianca Holdings S.A. reported in a press release that Adrian Neuhauser was appointed President and CEO of the carrier last April 28, effective immediately. Neuhauser succeeds Anko van der Werff, who resigned on the same day from his position in the Colombian airline, to assume a new position as CEO of a company in Europe […]

Avianca Holdings announced that it has received approval from the U.S. Bankruptcy Court for the Southern District of New York to access its Debtor-In-Possession (DIP) financing totaling just over $2 billion. “The approval of the DIP financing package is a significant milestone and an important step forward for Avianca. We would like to again thank […]

After almost 3 months without any operations due to the COVID-19 pandemic, Avianca Ecuador resumed its domestic flights with 16 weekly frequencies between the cities of Quito, Guayaquil and Manta. According to the website ALNNEWS, the airline will resume its operations gradually, and in line with passenger demand for each destination; while the resume of […]

This week, Avianca, the oldest airline of the Americas and second oldest in the world, celebrates its 100th anniversary. However, in recent times, the airline has not much to commemorate. Its financial situation is very fragile, with not much cash remaining and a very complex debt situation. As its latest move to overcome this delicate […]

As part of its strategic plan towards improving its financial performance, South American carrier Avianca continues to work to better optimize operations, axing underperforming routes, simplifying the airline’s fleet and divesting non core assets in the airline’s portafolio. The new strategic plan, labeled as “Avianca 2021” comes after changes in Avianca’s board of directors. In […]

As part of its strategic plan towards improving its financial performance, South American carrier Avianca continues to work to better optimize operations, axing underperforming routes, simplifying the airline’s fleet and divesting non core assets in the airline’s portafolio. The new strategic plan, labeled as “Avianca 2021” comes after changes in Avianca’s board of directors. In […]