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Avianca Holdings S.A.,  (NYSE: AVH) (BVC: PFAVH), through its subsidiaries Grupo Taca Holdings Limited and Nicaraguense de Aviacion S.A., closed the sale of its shares in Turboprop Leasing Company Ltd., parent company of the Costa Rican airline Servicios Aéreos Nacionales S.A...

According to Standard & Poor’s, Avianca Holding’s plans to refinance its $550 million (USD) senior unsecured notes has taken longer than expected, given several reasons. These include delays to clear certain contractual proceedings with Avianca’s shareholders...

The total was up 3.5% from 2017, while Avianca's RPK (revenue passenger kilometers) jumped by 8.7% year over year.

Domestic and regional traffic numbers were down but passengers in international markets grew 6.1% over 2016 to reach 12,578,095 flyers.

“The pilot strike will have an adverse effect on our fourth quarter results,” said Hernán Rincón, CEO of Avianca Holdings.

The pilots union said that "the Colombian state is on the side of the company that violates labor rights and not the rights of workers.”

Cali will get direct flights to Santa Marta, Bucaramanga, and San Andrés, while Cartagena and Medellín also get new routes to San Andrés.

Bogotá-based airline Avianca completed the first flight on its new daily route between the Colombian capital and Montevideo today.

Avianca head Hernán Rincón says the airline "will continue negotiations with United" to reach an alliance that he believes is in the best interest of the company and shareholders.

Avianca's filing calls Roberto Kriete of Kingsland a “disloyal director who has worked actively to undermine the company’s strategic goals.”