Avianca Group
British multinational airline holding company
Avianca Group
Avianca Group International Limited (formerly Avianca Holdings S.A. and AviancaTaca Holding Inc.) is a pan-regional Colombian multinational airline holding company with its registered office in St Albans, Hertfordshire, England, and its global headquarters in Bogotá, Colombia. It is the second largest air transport group in Latin America after LATAM Airlines. The Group dates back when it was formed in February 2010 after a merger agreement between Avianca and TACA Airlines, the flag carriers of Colombia and El Salvador respectively, when Avianca and TACA became wholly owned subsidiaries of Avianca Holdings. TACA's shareholders were given 29% and Avianca's shareholders were given 71% of the shares in the new company. The company was previously a dual listed company with listings on the New York Stock Exchange and the Colombia Stock Exchange as Avianca Holdings. Since its inception, the Avianca Group has expanded its portfolio of operations and brands with the acquisition of the Mexican AeroUnion...
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