Avianca reported a $23 million profit in 2008, down from $222.4 million in 2007, a drop it attributed partly to early pension payments. Revenue rose 25.3% to $1.9 billion on a 2.4% climb in passenger numbers to 9.8 million.
Subscribe to Access this Entire Article
"Avianca reports $23 million 2008 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.