Avianca Group - AviaExchange.com

Avianca Partners with MRO Holdings for Medellin Facility

ByAdmin 01/12/202404/12/2024

Avianca Group International (Colombia) has announced a strategic partnership with MRO Holdings (Panama), marking a significant development in its aircraft maintenance operations. Under this agreement, MRO Holdings will take over as the operator of Avianca’s Medellin-based MRO facility.

Airlines | Financial | Quarterly Performance

Avianca Reports $58 Million Net Profit for Q3 2024

ByAdmin 01/12/202404/12/2024

Avianca Group International (Colombia) has reported strong financial results for the third quarter of 2024, posting a net profit of $58 million. The airline also saw a 17.6% increase in total operating revenues, reaching $1.3 billion, and ended the quarter with a robust cash position of $1.1 billion.