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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...

Last week United Airlines (NASDAQ: UAL) moved to remove longtime chairman and controlling shareholder Germán Efromovich from Avianca’s  (NYSE: AVH) (BVC: PFAVH), board of directors. Adding insult to injury, United installed Roberto Kriete as the board’s new chairman. All this...

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...

Avianca’s new lounge has private cubicles with power connections in quiet areas of the complex in addition to a greatly expanded menu of food and drink options.

Avianca and Tokyo-based airline All Nippon Airways (ANA) have expanded their codeshare agreement to include flights between Japan and the Latin American capitals of Bogotá and San Salvador. These flights connect Colombia and El Salvador to Japan via a stopover in Mexico City’s...

Citi's ThankYou Points can now be transferred one-for-one in exchange forLifeMiles.

The new agreement will go into effect on tickets sold this month and for travel dates beginning in September.

During the third quarter of 2015, Colombia’s Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) announced operating revenues amounting to US$1.12 billion and a net income of US$102.1 million, an increase of US$ 68.9 million over 3Q 2014. As such, net margin was 9.1%, 6.4% above the...

Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH), the parent company for Colombia’s flagship airline, and private equity firm Advent International, today announced that they have inked a deal in which Advent will acquire a 30% of the shares of LifeMiles B.V, the subsidiary of...