Sunday, July 3, 2022

Avianca cancels 25 unprofitable routes

The cancellation of 25 unprofitable routes and the sale of 24 aircraft are part of Avianca’s transformation plan, with which it intends to optimize resources and be more competitive.

The airline’s parent company efforts are focused on re-profiling its debt and consolidating the capital structure while adjusting the operation.

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According to Adrian Neuhauser, CFO of Avianca Holdings, confirmed the cancellation of the unprofitable routes and the sale of 24 aircraft and its divestment in non-strategic businesses, such as Getcom, La Costeña (Nicaragua domestic airline), and Sansa (based in San José, Costa Rica).

The canceled routes are as follows:

  • Bogotá to Boston and Chicago
  • Cartagena to Pereira, New York, San Salvador
  • Guatemala to Tegucigalpa, New York, Chicago, Orlando, Miami
  • San Salvador to Boston, Cali, Cartagena, Medellín
  • Others from Lima

Parallel to the closure of routes, mainly in Central America, North America, and Peru, the company reduced frequencies.

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Rico
"Rico" is the crazy mind behind the Q media websites, a series of onlinemagazines that includes TodayColombia.com. Rico brings his special kind of savvy to online marketing. His websites are engaging, provocative, informative and sometimes off the wall, where you either like or you leave it. The same goes for him, like him or leave him.There is no middle ground. No compromises, only a passion to present reality as he sees it!

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