Avianca Holdings CEO Update
Avianca Holdings CEO Hernan Rincon discusses the airline group’s growth plans including the launch of a new European destination. Avianca is taking delivery of its first A320neo later this year and plans to accelerate the rate of aircraft deliveries in 2018 and 2019. Mr Rincon said Avianca is not considering launching an LCC subsidiary as it is an efficient company and has not been impacted by the launch of new LCCs in Latin America. Avianca Holdings has bases in Colombia, Ecuador, Peru and Central America; Avianca Brazil and proposed start up Avianca Argentina have a separate ownership structure and are not currently part of Avianca Holdings.