Avianca assures that it will not be low cost and that it will soon resume strategic alliances

In the middle of a press conference, Avianca She emphasized that it would not be a low-cost airline, but that it would have the attributes of this model, such as competitive pricing, a strategy that goes hand in hand with the reconfiguration of more than 90 aircraft in three types of seats.

This project will allow to increase capacity per aircraft by 20%, and as of this date, eight aircraft (seven in Colombia and one in Ecuador) have been partially reconfigured with Plus and Economy seats; And by the second quarter of 2022 they will have their first aircraft completely reconfigured with the Premium offer.

“We have the opportunity to reinvent ourselves thanks to Chapter 11,” said Adrián Neuhauser, Avianca CEO. “We will combine our traditional traits with what we consider to be the best low-cost traits.”

In terms of operational indicators, the holding company transported more than 58 thousand passengers, between January and November of this year, on 448 flights.

Likewise, the company valued long-haul flights with the novelty of the B787 Dreamliner, endorsed by Star Alliance and its 27 member airlines, as well as the expansion of Avianca Cargo’s strategic business.

The latest plans for next year consist of opening 16 new paths Across your entire network:

– Between Colombia, Aruba, Costa Rica, Ecuador, USA and Mexico: Medellin: Mexico City, San Jose, Quito, Guayaquil, Aruba and Orlando. Cali to Cancun, Mexico City, San Jose and Quito. Bucaramanga to Miami.

Between Ecuador and the United States: from Guayaquil to Miami. Quito to New York and Miami.

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– Between El Salvador and the United States: San Salvador – Orlando.

– Between Costa Rica and Nicaragua: San Jose – Managua.

On the other hand, the airline is seeking to resume the agreement it entered into with it Cup and United Before getting into Chapter 11, but note that doing this process again will take about two years.

Other business units

LifeMiles and Avianca Cargo are strategic companies and competitive teams through which the airline anticipates continued enhancement and growth.

That’s why LifeMiles will close in 2021 with over 600 business partners and over 100 business agreements with the region’s leading banks. Likewise, cargo flight capacity has increased by 19% – in number of attacks: tons available per kilometer – this year, with frequencies increased by 21% compared to 2019.

Notably, upon entering Chapter 11, Avianca entered with debts of over $5,000 million and today it stands at $3,500 million. In addition, when he entered the operation, he had $400 million in cash, and at the moment, we are over $1,000 million.

Myrtle Frost

"Reader. Evil problem solver. Typical analyst. Unapologetic internet ninja."

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