Avianca Hlds

Avianca Holdings SA is a Panamanian company representing integrated several airlines that operate nationally and internationally, for which acts as a holding company operation: Aerovías the Continente Americano SA (Avianca), Tampa Cargo SA incorporated in Colombia, Aerolineas Galapagos SA (AeroGal) incorporated in Ecuador, and the companies of Grupo TACA: TACA International Airlines SA, incorporated in El Salvador, Costa Rican SA (LACSA) Airlines established in Costa Rica, Transmerican Airlines SA incorporated in Peru, National Air Services SA (SANSA) . incorporated in Costa Rica, Aerotaxis The Coastal SA, incorporated in Nicaragua and Islander Investment CA de CV (ISLEÑA) incorporated in Honduras The main investments of the holding include: carriers of passengers, freight and related activities related to air transport services through which provides travel services and engineering services, maintenance and operation of specialized care other carriers.

GOL Linhas Aereas Inteligentes SA

LONDON , July 5, 2023 /PRNewswire/ -- Abra Group Limited, one of the largest and most competitive air transportation enterprises across Latin America, today announced the appointment of David W. Dickson (Dave) to its board of directors as an independent director.

Abra Group Names David W. Dickson to its Board of Directors as an Independent Director

Avianca-Gol tie-up creates the No. 2 carrier in South America. Remaining separate brands, the strength of this airline group will likely be the extensive network with less emphasis on synergies.

Avianca And Gol: Mega Airline Merger In South America

Colombia Bails Out Avianca Airlines, Revives Airport Operator Sureste's Bull Case

BOGOTA, Colombia, Aug. 30, 2020 /PRNewswire/ -- Avianca Holdings S.A. (OTCMKTS: AVHOQ, BVC: PFAVH) (the "Company" or "Avianca") today issued a statement regarding the Company's expected debtor-in-possession ("DIP") financing, following the announcement by the Republic of Colombia's Ministerio de Hacienda y Credito Público (the Finance Ministry) that the management committee of the country's Fondo de Mitigación de Emergencias ("FOME", the Emergency Mitigation Fund) had approved the government's participation in Avianca's DIP financing, through a commitment of up to US$ 370 million in the proposed loan structure, side by side with private market investors.

Avianca Holdings S.A. Issues Statement on Debtor-in-Possession Financing  and Government of Colombia Financing Commitment

German Efromovich, a majority shareholder of Avianca Holdings , said on Friday he is innocent of alleged corruption under investigation by Brazilian prosecutors and hopes to win back control of the Colombian airline.

Avianca majority shareholder Efromovich dismisses Brazil corruption allegations

Latam Airlines Group SA

Some Latin American Airlines are using bankruptcy as a way to restructure their business, Used effectively, this could make the Latin airline industry stronger and more resilient.

Five Ways Latin American Airlines Can Strengthen Through Bankruptcy

Bankrupt LATAM Airlines and Avianca Holdings are dramatically retrenching their once grand ambitions amid the COVID-19 pandemic, reducing competition in Latin America as they mull once-unthinkable cooperation with rivals.

Latin America's airline apocalypse signals a future with weak competition

Passenger revenue at Latin America's No. 2 airline, Avianca Holdings , has fallen 51% for the year as of early June compared with a year ago, the carrier said, in a look into the dire financial toll that the coronavirus has taken on the company.

Revenue at airline Avianca falls 51% through early June on coronavirus

LATAM Airlines  and Avianca Holdings  survived the Great Depression, but just a few weeks of quarantines forced both companies into bankruptcy, marking Latin America as the world's top spot for airline financial ruin.

Latin America grabs world spotlight for airline bankruptcies

A U.S. federal court on Monday agreed on an interim basis to Avianca Holdings SA's (NYSE: AVH) initial motions to voluntarily reorganize under court-supervised bankruptcy protection.

Avianca Receives Preliminary OK For Chapter 11 Bankruptcy

Avianca Holdings SA (NYSE: AVH), the second-largest airline in Latin America, filed for bankruptcy protection in U.S.

Coronavirus Pushes Avianca Airlines To File For Bankruptcy

Avianca, Latin America's second-largest airline, filed for bankruptcy protection after failing to meet a bond payment deadline.

World's second-oldest airline, Avianca, driven to bankruptcy by coronavirus

Another major international airline has gone bust in the wake of the coronavirus pandemic.

Avianca, one of Latin America's largest airlines, files for bankruptcy

There is "substantial doubt" about Avianca Holdings'  ability to stay in business due to the coronavirus crisis, the Colombian airline reported on Thursday, citing the conclusion of its financial auditors.

Colombia's Avianca says its survival is in doubt due to coronavirus crisis

The financial auditors of Colombian airline Avianca Holdings  have concluded that "substantial doubt" exists as to the company's ability to stay in business due to the coronavirus crisis, the carrier said.

Colombia's Avianca says survival of the airline is in doubt due to coronavirus crisis

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United provides a glimpse of how bad the first quarter was for the industry.

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Ryanair Hlds

With air-travel demand drooping faster than capacity contraction in February, load factor declines in the period.

Coronavirus Ravages Air Travel: Traffic Sinks to 2-Decade Low

Avianca Holdings S.A. (AVH) CEO Anko van der Werff on Q4 2019 Results - Earnings Call Transcript

Airbus SE

German Efromovich, the majority shareholder in Latin American airline Avianca , said on Wednesday he does not have any knowledge of widespread bribes allegedly paid by European manufacturer Airbus.

Avianca's top shareholder says has no knowledge of alleged Airbus bribes

Latin American airline Avianca  has reached an agreement with airplane manufacturer Airbus  to reduce the number of planes it was set to buy by 20, the company said on Tuesday.

Latin America's Avianca reduces Airbus order by 20 planes

Avianca Holdings S.A. (AVH) CEO Anko van der Werff on Q3 2019 Results - Earnings Call Transcript

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Avianca Holdings S.A. (AVH) Right Now?

Buckle

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Top Ranked Income Stocks to Buy for November 7th

As of late, it has definitely been a great time to be an investor Avianca Holdings.

Avianca Holdings Shares March Higher, Can It Continue?

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Copa Hlds

A proposed joint venture between United Airlines , Colombia's Avianca Holdings and Panama's Copa Holdings  has been delayed due to the potential inclusion of Brazil's Azul SA  as a fourth partner, as well as problems at Avianca, the CEOs of two of the companies said.

News for Avianca Hlds Stock (AVH)