Avianca
Flag carrier of Colombia
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2024 | Avianca Group plans to retire Airbus A319-100 aircraft by the end of 2024. |
February 2024 | Avianca received one of three Boeing 787-8 aircraft from Norwegian Air Shuttle, indicating a strategic move to own its long-haul fleet. |
2023 | The group showed significant improvement, achieving US$4,771 million in revenue, returning to profitability with a net profit of US$131 million, serving 54.7 million passengers with 140 aircraft. |
October 2023 | Avianca rebrands and stylizes its name as 'avianca' (lowercase). |
September 2023 | Avianca disclosed plans to lease 14 Airbus A320neo planes and two A320ceo planes. |
June 2023 | Avianca leased eight A320neo aircraft from the bankrupt Viva Air, with planned delivery in 2023. |
May 13 2023 | Avianca withdrew its plans to acquire Viva Air due to strict conditions imposed by Aerocivil that would negatively impact the airline's economic performance. |
March 21 2023 | Aerocivil announced conditional approval for the Avianca-Viva merger, with multiple requirements including passenger booking compensation and maintaining a low-cost model. |
January 19 2023 | The Ministry of Transport and Aerocivil annulled the previous rejection of the Avianca-Viva Air merger, citing procedural irregularities and ordering a second review. |
2022 | Avianca Group began recovery, increasing revenue to US$4,047 million but still reporting a net loss of US$322 million, with passenger numbers increasing to 24.6 million. |
December 2022 | Avianca obtained regulatory approvals from Brazil and the United States for the Abra Group merger, and stated they had reached most necessary agreements. |
November 2022 | The Colombian Civil Aviation Authority rejected the merger between Avianca and Viva Air. |
September 2022 | Ecuador's Superintendency for the Control of Market Power became the first government body to approve the Abra Group merger. |
May 11 2022 | Avianca planned to merge with Viva Air and Gol Linhas Aéreas Inteligentes to form the Abra Group, with Avianca as the acquiring company. |
April 29 2022 | Avianca announced plans to acquire low-cost competitors Viva Air Colombia and Viva Air Perú. |
March 2022 | Avianca confirmed an order for 88 new A320neo aircraft, with planned deliveries between 2025 and 2031. |
2021 | Continued pandemic effects resulted in minimal revenue and a net loss of US$15.1 million, with fleet size reduced to 150 aircraft. |
December 1 2021 | Avianca emerged from Chapter 11 bankruptcy, marking their second time doing so in the company's history. |
November 2021 | Avianca Holdings announced they would move their legal address from Panama to the United Kingdom and change their name to Avianca Group, while maintaining global headquarters in Bogotá. |
November 2 2021 | Avianca's court-approved reorganization plan was finalized. |
2020 | The COVID-19 pandemic severely impacted the group, with revenue drastically dropping to US$1,711 million, a net loss of US$1,094 million, employee count reduced to 14,568, and passenger numbers plummeting to 7.9 million. |
November 2020 | U.S. Bankruptcy Court for the Southern District of New York approved Avianca's $2 billion refinancing plan. |
May 10 2020 | Avianca filed for Chapter 11 bankruptcy in the United States due to financial difficulties caused by the COVID-19 pandemic, failing to pay bondholders. |
May 10 2020 | Avianca files for Chapter 11 bankruptcy in New York City and liquidates its subsidiary Avianca Perú due to the COVID-19 pandemic crisis. |
March 2020 | Colombian government lockdown suspended Avianca's domestic and international operations, with most of the company's 20,000 employees going without pay. |
2019 | Avianca Group faced significant financial challenges, reporting a substantial net loss of US$894 million, with employee count reduced to 16,707 and maintaining 30.5 million passengers. |
2019 | Receives Boeing 787-9, though the aircraft was delivered and never entered service. |
December 2019 | Avianca celebrates its 100th anniversary since its founding as SCADTA. |
December 31 2019 | Avianca concluded a debt exchange to cover short-term financial liabilities. |
March 2019 | Avianca cancelled the delivery of 17 Airbus A320neo family aircraft and rescheduled 35 jet deliveries to 2026-2028. |
March 1 2019 | Avianca launched Avianca Express, a subsidiary operating ATR-72 aircraft on short regional flights within Colombia. |
2018 | The group maintained growth, achieving a modest net profit of US$1.1 million, with 18,338 employees and serving 30.6 million passengers, reaching a passenger load factor of 83.0%. |
2018 | Avianca won Best Airline in South America at the Skytrax World Airline Awards and was named Best Regional Airline in South America by Airline Passenger Experience APEX. |
October 2018 | Avianca fully restored all flight itineraries following the previous year's pilot stoppage by ACDAC. |
August 2018 | Avianca experienced operational difficulties due to crew scheduling platform problems, leading to flight cancellations within Colombia. |
2017 | Avianca Group increased net profit to US$82.0 million, with a slight reduction in employees to 18,641, serving 30.5 million passengers and improving passenger load factor to 81.7%. |
2017 | Avianca achieved multiple prestigious awards, including Best Airline in South America and Best Regional Airline in South America from Skytrax World Airline Awards, Best Mobile Initiative for eCommerce, and was named the second-best airline in the world by the Consumers and Users Organization. |
2016 | The group stabilized somewhat, achieving a small net profit of US$44.2 million, with 20,449 employees and growing to 29.4 million passengers, with an improved passenger load factor of 81.1%. |
2016 | Avianca was recognized as Best Airline in South America and Latin America by Business Traveler North America Magazine. |
2015 | Avianca Group experienced a financial challenge, with revenue decreasing to US$4,361 million and reporting a net loss of US$139 million, while continuing to grow to 20,485 employees and 28.2 million passengers. |
2015 | Avianca was named Best Airline in South America at the World Travel Awards. |
2015 | Avianca signed an order for 100 A320neo family aircraft, further expanding its fleet modernization efforts. |
January 16 2015 | Avianca launched its first Boeing 787 Dreamliner service, flying between Bogotá and New York City. |
2014 | The group further expanded, reaching US$4,703 million in revenue, 19,961 employees, and 26.2 million passengers, maintaining a passenger load factor of 79.4% with 193 aircraft. |
2014 | Avianca received the Best E-commerce Initiative in Colombia at the Colombia Online Awards. |
December 17 2014 | Avianca received its first Boeing 787 Dreamliner aircraft, a milestone in fleet modernization. |
2013 | Avianca Group continued growth, achieving total revenue of US$4,609 million, 19,153 employees, and serving 24.6 million passengers. Aircraft fleet increased to 171 aircraft with a passenger load factor of 80.5%. |
2013 | Avianca won two significant awards: Best Company in Customer Service Labor and Management at the Ibero-American Social Media Awards, and South American Airlines with Best Onboard Service at the Skytrax World Airline Awards. |
May 28 2013 | TACA and all other AviancaTaca airlines completed their brand transition, rebranding to Avianca. |
March 21 2013 | At the annual general meeting, shareholders approved changing the corporate name from AviancaTaca Holding to Avianca Holdings. |
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