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Avianca’s 3Q net result shows early impact of pilot strike

Credit: Rob Finlayson
Bogota, Colombia-based Avianca Holdings posted a 2017 third-quarter $36.1 million net profit, down 4.5% from $37.8 million in 3Q 2016, as the airline realized $17.1 million in losses from the first 10 days of what would become a 51-day strike by over half of Avianca’s pilots.

 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

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