Stock quotes by However, just as is the case with other airlines around the world, Avianca’s operations have been dramatically impacted by the COVID-19 pandemic and resulting government-mandated air travel restrictions, while the Company continues to have high fixed costs. Tampa Cargo S.A., Avianca’s Cargo Business Unit, provides airfreight carrier and cargo transportation solutions throughout North, Central and South America, Europe, and the Caribbean. Key elements of our business strategy include: Avianca is the oldest continuously-operating airline in the world. On March 21, 2013 the Company changed its legal name from AviancaTaca Holding S.A. to Avianca Holdings S.A. now trading under the ticker “PFAVH: CB”. In addition to the aforementioned services Avianca Services provides all ground services and handling for our domestic and international passengers, as well as 12 additional foreign carriers operating from the Bogotá hub. You can move around the elements of this page using the tab key. Avianca is the commercial brand for the collection of passenger airlines and cargo airlines under the umbrella company Avianca Holdings S.A. Avianca has been flying uninterrupted for 100 years. Please review KCC's Terms of Use and Privacy Statement for additional information regarding the data maintained on this website. Last year, Avianca successfully launched the “Avianca 2021” plan, and throughout 2019 and in the first two months of 2020, the Company had achieved significant positive results from this plan. As of December 2019 , the Company had over 21,000 employees, operated a fleet of 158 aircraft and served 76 destinations in 27 countries within the Americas and Europe . Avianca has also requested authority to honor various prepetition obligations owed to certain of its travel agency partners, vendors and suppliers from before the filing date. Please try again. Our experience is the best starting point as we strive towards new goals. Any forward-looking statements are and will be based upon the Company's then-current expectations, estimates and assumptions regarding future events and are applicable only as of the dates of such statements. Given the impact COVID-19 has had on travel plans, Avianca will continue to waive change fees and other penalties associated with changes to customers’ travel plans for tickets purchased until October 31, 2020. Further, other revenues also include air transport-related services such as maintenance, crew training and other airport services provided to other carriers through our Avianca Services division. NIT 890.100.577-6. Learn about the measures taken against the reactivation of international flights. The DIP financing – inclusive of rollups of existing debt and purchase loan consideration – is expected to be approximately US$ 2.0 billion, consisting of a US$ 1.27 billion Tranche A senior loan and a US$ 722 million Tranche B subordinated loan. Captcha validation failed. Avianca is the trademark for the group of passenger airlines and cargo airlines under the holding company Avianca Holdings S.A. Avianca has been flying continuously for 100 years. Log in with your LifeMiles user or number and password. AviancaTaca Holding, S.A. On March 3, 2011 changed its registered offices from Bahamas to Panama. Avianca Holdings SA is a Latin American airline holding company headquartered in Bogotá, Colombia. Notice of Chapter 11 Bankruptcy Case, Notice of Commencement and Agenda Avianca operates a “coalition loyalty program”; a loyalty card system, packaging customer benefits into a single customer loyalty program which offers our customers important incentives. Through the plan, the Company redesigned its network with 130 routes to 76 destinations in 27 countries, adding to the launch of a new pricing model ”branded fares” in domestic markets in Ecuador and Colombia, including flights to and from Europe. Avianca also expects to continue to issue ticket refunds and honor travel coupons and payments or credits associated with baggage or service claims in adherence with our current policies. certain of its subsidiaries and affiliates, Procedures Order re Remote Evidentiary Hearing, Notice of Adjournment of Meeting of Creditors. The information you entered does not match our records. We believe this demonstrates the market's confidence in Avianca's future as a strong, competitive and profitable airline. Milbank LLP is serving as Avianca's legal advisor. New York, NY 10004-1408 Kurtzman Carson Consultants LLC ("KCC") does not guarantee or warrant that the data provided herein is accurate, complete, or current and shall not be liable to you for any loss or injury arising out of or caused in whole or in part by the acts, errors or omissions of KCC, whether negligent or otherwise, in procuring, compiling, gathering, formatting, interpreting, reporting, communicating or delivering the information contained in this website.