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 ...

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