[ News ]August 18, 2019 12:00 am ET

Avianca Announces Strategic Shift Towards Profitability
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…