Avianca Holdings And Its Subsidiaries Carried More Than 2 Million Passengers

By Business Wire,  June 18, 2014, 12:23:00 PM EDT


BOGOTA, Colombia--(BUSINESS WIRE)-- In May, the subsidiary companies of Avianca Holdings transported 2,095,202 passengers, up 4.8% compared to May 2013. Capacity (ASKs), increased by 3.2%m while passenger traffic (RPKs), increased 4.2%. The load factor for the month was 78.2%.

In the first five months of 2014, Avianca Holdings S.A. (NYSE:AVH) (BVC: PFAVH) (*) affiliated airlines carried 10,347,348 passengers, a 4.5% increase over the same period in 2013. Capacity, measured in ASKs (available seat kilometers), increased 5.1% while passenger traffic, measured in RPKs (passenger revenue per kilometer flown), increased 3.3%. As a result, the load factor for the year stands at 78%.

Domestic markets in Colombia, Peru and Ecuador. In May, the subsidiary airlines of Avianca Holdings transported within these markets a total of 1,248,869 travelers, up 5.7% compared to May 2013. Capacity (ASKs) increased 7.7%, while passenger traffic (RPKs) increased 6.1%. As a result, the load factor was 74.2%.

From January through May 2014, the number of passengers carried by the affiliated companies of Avianca Holdings within the domestic markets of Colombia, Peru and Ecuador was 6,128,522 up 6.5% compared to 2013. Capacity (ASKs) in these markets increased 6.7%, while passenger traffic (RPKs) increased 7.2%. As a result, the load factor was 76.8%.

International markets. In May, the affiliated airlines of Avianca Holdings transported 846,333 passengers on international routes, up 3.5% compared to May 2013. Capacity (ASKs) increased 2.0%, while passenger traffic (RPKs) grew about 3.7%. As a result the load factor increased to 79.3%.

From January through May 2014, the number of passengers carried on international routes was 4,218,826, up 1.6% compared to the same period in 2013. Capacity (ASKs) grew 4.6%, while passenger traffic (RPKs) increased 2.4%. As a result, the load factor increased to 78.3%.

ASKs: Available Seat Kilometers

RPKs: Revenue Passenger Kilometers

The terms "Avianca Holdings" or "the Company" refer to the consolidated entity.

The original source-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the source-language text, which is the only version of the text intended to have legal effect.

*About Avianca Holdings S.A.Avianca Holdings S.A. (BVC:PFAVH) comprises the airlines: Aerovías del Continente Americano S.A.Avianca (Avianca), Tampa Cargo SA incorporated in Colombia, Aerolineas Galapagos SA Aerogal incorporated in Ecuador, and the TACA Group companies: TACA International Airlines SA, incorporated in El Salvador, Lineas Aereas Costarricenses SA, LACSA, incorporated in Costa Rica, Transamérican Airlines SA TACA Perú, incorporated in Perú, Servicios Aéreos Nacionales SA, SANSA, incorporated in Costa Rica, Aerotaxis La Costeña SA, incorporated in Nicaragua and Isleña de Inversiones SA de CV ISLEÑA, incorporated in Honduras.

Source: Avianca Holdings S.A.



This article appears in: News Headlines

Referenced Stocks: AVH


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