In Avianca Holdings S.A., the investment company incorporated in 2010, consolidated core investments include various airline companies with domestic and international operations (Colombia, Peru and Ecuador) whose integrated vision is to be the leading Latin American airline preferred in the world.
The integrated airlines apply technology and innovation to anticipate and respond to the needs of its customers. With over 181 aircraft in operation as of December 31 2014, these carriers boast one of the most modern fleets in the region. Between 2014 and 2019 the airlines will receive 11 Boeing 787s Dreamliner, one ATR 72-600 aircraft and 50 additional aircraft Airbus A320, out of which 11 will be equipped with sharklets and 33 will have the new engine option (neo). In addition the Airbus A320 and Boeing 787 Dreamliners will incorporate eco-efficient technology which will deliver significant fuel savings.
In achieving the corporate vision the affiliated companies have received several awards: Award for the best company in the aviation sector in the category "Finance" to Avianca Holdings S.A, from Airline Business publication. Skytrax recognized TACA International Airlines SA as the Best Airline in Central America and the Caribbean in 2011. In 2012 and 2014, business travelers and readers of Business Traveler magazine chose Avianca S.A. as the best carrier in South America and Latin America and in 2013 Skytrax recognized Avianca S.A. as the airline with the best airport and onboard personnel service in South America as well as the Best Airline in 2014.
These integrated airlines, directly serve more than 100 cities, which connect to more than 1,300 destinations worldwide through its partner airlines and Star Alliance member carriers. Thus, it integrates one of the largest passenger and cargo network routes in Latin America with annual sales in excess of four billion dollars. As a result, the integrated operation of the airlines, have managed to capture revenue-related synergies between 2010 and 2012 estimated at $ 219 million and more than $80 million of cost-related synergies underway.
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