Avianca Group
Colombian-El Salvadoran multinational airline holding company / From Wikipedia, the free encyclopedia
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Avianca Group International Limited (formerly Avianca Holdings S.A. and AviancaTaca Holding Inc.) is a pan-regional Latin American multinational airline holding company with its registered office in St Albans, England, and its global headquarters in Bogotá, Colombia. It was formed in February 2010 after a merger agreement between Avianca and TACA Airlines, the flag carriers of Colombia and El Salvador respectively, when Avianca and TACA became wholly owned subsidiaries of Avianca Holdings. TACA Airlines shareholders were given 29% and Avianca Airlines shareholders were given 71% of the shares in the new company.[2][3][4]
Company type | Private limited Company |
---|---|
Industry | Air transport |
Founded | February 2010 |
Founder | Ernesto Cortissoz |
Headquarters | St Albans, England, UK (Registered office) Bogotá, Colombia (Corporate headquarters) |
Number of locations | |
Key people | Frederico Pedreira (CEO) Roberto Kriete (Chairman) |
Products |
|
Revenue | US$ 4.3 billion (2012) |
US$ 198.6 million (2012) | |
Number of employees | +19,000 |
Parent | Abra Group |
Subsidiaries | |
Website | www |
Footnotes / references fleet size: 107 (134, regional and charter)[1] destinations: 100 |
The company was previously listed on the New York Stock Exchange and the Colombia Stock Exchange as Avianca Holdings. Since its inception, the Avianca Group has expanded its portfolio of operations and brands with the acquisition of the Mexican AeroUnion in 2014. The Group also owns the Avianca Express brand and LifeMiles, the Avianca rewards program.