Avianca Holdings posted a net profit of $44.2 million in 2016, reversing a $139.5 net loss the company reported in 2015. “Through steadfast focus on implementing our [business] plan, and the benefit of improved microeconomic tailwinds, 2016 was a strong year for Avianca,” Avianca CEO Hernán Rincón said. Aviana Holdings is the parent of seven Latin American passenger airlines including Colombian flag carrier Avianca and air-freight carrier Avianca ...

Subscribe to Access this Entire Article

"Avianca reverses losses with $44 million 2016 net profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.