Computer-generated drawing of A320neo in AviancaTaca livery. Courtesy, Airbus Bogota-based AviancaTaca Holding (AV), parent of Avianca, TACA, Aerogal and Tampa Cargo, reported a first-quarter net profit of $34.9 million, up 47.3% compared to the year-ago quarter. Operating revenue climbed 22.7% to $1.02 billion.  EBITDA increased 18.9% to $96.1 million, while EBITDAR increased 24.3% to $167.6 million. Boarding passengers grew 16% to 5.5 million, while ASKs increased 13.8%. ...

Subscribe to Access this Entire Article

"AviancaTaca reports 1Q profit of $34.9 million " 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.