Avianca Holdings

AviancaTaca is a Colombian- Salvadoran Holding, under whose umbrella the two airlines Avianca from Colombia and TACA of El Salvador and eight other smaller airlines are members.

Business

The company was founded in February 2010, its headquarters are in Bogotá, the Brazilian- Colombian businessman Germán Efromovich is president and CEO.

AviancaTaca is the third largest airline by revenue - holding company in Latin America, after Brazil and LATAM Airlines Group Chilean and Brazilian budget airline Gol Transportes Aéreos. With a fleet of over 170 aircraft and a passenger volume of 18 million passengers (2010) it is the second largest in South America.

Comparable holding companies in Europe, the International Airlines Group and Air France -KLM.

Shareholder

The Synergy Group, with 66.98 % of the largest shareholder, after the Texas Kingsland Holding comes with 32,12 %, the remainder is in free float.

Operations

AviancaTaca to include with the following airlines as of January 2013:

Since June 21, 2012, Avianca and TACA members of the airline alliance Star Alliance.

The airlines of AviancaTaca Holding operate from four hubs, which are distributed at strategic locations throughout the entire continent of South America: Bogota (Colombia ), San Salvador (El Salvador), Lima (Peru ) and San José (Costa Rica). With a modern fleet of over 170 short-, medium - and long-range aircraft and a team of together more than 15,000 employees, Avianca and TACA fly alone directly over 100 destinations in America and Europe. About this, there are other 750 compounds through codeshare agreements with other members of the Star Alliance. The companies of 2009 AviancaTaca transported more than 15 million passengers and nearly 18 million in 2010 and nearly four million customers in their frequent flyer programs.

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