In results adjusted to reflect a 51-day pilots’ strike affecting nearly half of its fourth quarter, Colombia-based Avianca Holdings reported $245 million in adjusted net income for 2017, more than doubling the company’s net profit over 2016. On a non-adjusted basis, Avianca reported $82 million in net profit for the year, an 85.5% increase over $44.2 million in 2016. Avianca CEO Hernan Rincon said “2017 could have been probably the best year of the company in our almost ...

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