Avianca Group
Colombian-El Salvadoran multinational airline holding company
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| 2024 | Avianca Group plans to retire Airbus A319-100 aircraft by the end of 2024. |
| 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. |
| 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. |
| 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 for the second time in its history. |
| November 2021 | Avianca Holdings announced they would relocate their legal address from Panama to the United Kingdom and rebrand as Avianca Group. |
| 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. |
| 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. |
| 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%. |
| 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%. |
| 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%. |
| 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. |
| 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. |
| 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%. |
| 2012 | The group expanded its operations, increasing total revenue to US$4,269 million, with 18,071 employees and growing to 23.0 million passengers. Total aircraft fleet reached 147 aircraft. |
| 2011 | Avianca Group reported total revenue of US$3,794 million, with 17,360 employees and serving 20.4 million passengers with a passenger load factor of 79.6%. |
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