Avianca leaves the Chapter 11 and presents its new business vision

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Avianca salt of Chapter 11 and presents his new vision of the business with which he will seek to win back travelers from Colombia and the world.

Approved the departure of Avianca in the Court of New York of the Chapter 11, now the airline can focus its efforts on recovering the market and returning to the expected profitability.

In a process that began during the well-known pandemic, comes to an end and the airline looks forward to the future with better financial and commercial prospects after renegotiating with its creditors.

As a key point in its process, it will now be to recover the market that has had to give in to strong and growing competition., especially for the segment low cost.

In this way, during a press conference held in Bogota we were able to know exclusively the pillars that will lead to Avianca meet your strategic business objectives.

This is the new vision of Avianca's business

As we have seen previously, Avianca is transforming itself to adapt to current market conditions while being prepared for the challenges of the future.

Bajo la campaña «Avianca para todos» la aerolínea combina sus más de 100 years of experience with touches of the low cost world, but not exactly one.

What makes it legacy?

• One of the largest networks in the region and the most complete in Colombia.
• VIP lounges.
• Long-haul flights with Boeing aircraft 787.
• Avianca Cargo as a strategic business that will continue to grow.
  • During the 2021 grew a 19% with a 21% more than frequencies projecting the 2022 significant growth of your network.

What do you take from the low cost?

• operational efficiency
• flexible product
• point to point network
• Competitive prices

What's next for Avianca between the 2021 and 2023

now with more than $1.000 million in liquidity achieved after the Chapter 11, more changes expected, which in fact have already started and will be the most noticeable to users.

Plus chairs in your fleet cabin of the Airbus A320 family advances and they are already 13 aircraft that have gone through the reconfiguration providing a 20% more capacity per flight, that in more than 90 aircraft will involve an investment of $200 million dollars with 14 thousand new chairs, which is expected to be completed in November 2021.

With this, new services will come into operation during the 2022 such as the sale of food and the implementation of Wi-Fi connectivity that goes hand in hand with the new seats and their USB ports.

Equally, attacking one of the most important complaints of its users, Customer service channels will be reinforced with technology and infrastructure to meet the enormous volume of requirements of Avianca passengers.

Flights and destinations

At the moment it operates 116 routes with close to 3.400 weekly flights, offering more than 515.000 chairs with an OTP punctuality of 90% and expect to add 50 new flights and reach more than 200 active routes for 2023 with at least 120 aircraft in operation.

On 2022 will open 16 new routes throughout your network:

• Between Colombia and Aruba, Costa Rica, Ecuador, United States and Mexico:
  • Medellin: Mexico City, Saint Joseph, Quito, Guayaquil, Aruba and Orlando.
  • Cali to Cancun, Mexico City, San Jose and Quito.
  • Bucaramanga to: Miami.
• Between Ecuador and the United States:
  • Guayaquil to: Miami.
  • I remove to: New York and Miami.
• Between El Salvador and the United States:
  • San Salvador–Orlando.
• Between Costa Rica and Nicaragua:
  • San Jose–Managua.

The Ecuadorian market

Many of you asked me about what awaits Avianca Ecuador, between the routes already announced for the 2022 and those already started this 2021, appear in the novelty the analysis of flights to The Angels and Orlando, but more details of what is coming in this exclusive video with Manuel Ambriz, Chief Commercial Officer de Avianca Holdings:

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