|
|
Avianca is the national airline of Colombia and
is based at El
Dorado International Airport in Bogotá. Wholly owned by Holdco Holding
Ltd, a subsidiary of the German Efromovich-led Synergy Group, Avianca is the
largest airline in Colombia, operating an extensive network within South,
Central and North America and service to Madrid and Barcelona in
Europe. Avianca is a major player in South American aviation
with a growing number of regional subsidiaries across various industry
segments in South and Central America.
In Oct-2009, it was announced that TACA
Group and Avianca reached an agreement to merge and create a holding
company with the aim of creating Latin America’s leading aviation group. The
two airlines will continue to operate as separate companies, maintaining the
same reporting lines within each organisation. Synergy Group, the parent
company of Avianca, is to take a 66.66% equity stake in the holding company,
whileGrupo
TACA will take a 33.33% equity stake. |
|||||
