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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Avianca Holdings SA | NYSE:AVH | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.88 | 0 | 01:00:00 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20546
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE U.S. SECURITIES EXCHANGE ACT OF 1934
For the month of March 2020
Commission File Number: 001-36142
Avianca Holdings S.A.
(Name of registrant)
Edificio P.H. ARIFA, Pisos 9 y 10, Boulevard Oeste
Santa María Business District
Panama City, Republic of Panama
(+507) 205-7000
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Bogotá, March 27, 2020
In February 2020
AVIANCA HOLDINGS AND ITS SUBSIDIARIES CARRIED
MORE THAN 2.2 MILLION PASSENGERS
In February 2020, Avianca Holdings and its subsidiaries carried 2,267,572 passengers, a 4.8%
decrease as compared to the same period in 2019.
In February, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) (Avianca Holdings) transported 2,267,572 passengers, a 4.8% decrease as compared to the same period in 2019. Capacity, measured in ASKs (available seat kilometers), decreased 5.1%, while passenger traffic, measured in RPKs (revenue passenger kilometers), decreased 6.9%. The load factor for the month was 79.6%, a decrease of 394 bps as compared to the same period in 2019.
Domestic markets in Colombia, Peru and Ecuador
In February, the subsidiary airlines of Avianca Holdings transported within these markets a total of 1,327,676 travelers, a decrease of 0.2% as compared to the same period in 2019. Capacity (ASKs) decreased 2.3%, while passenger traffic (RPKs) decreased 3.4%. The load factor for the month was 80.0%, a decrease of 85 bps as compared to the same period in 2019.
International markets
In February, the affiliated airlines of Avianca Holdings transported 939,896 passengers on international routes, a decrease of 10.5% as compared to the same period in 2019. Capacity (ASKs) decreased 5.7%, while passenger traffic (RPKs) decreased 7.6%. The load factor for the month was 79.5%, a decrease of 400 bps as compared to the same period in 2019.
Operational Statistics |
Feb-2020 | Feb-2019 | DYOY |
YTD
2020 |
YTD
2019 |
DYOY | ||||||||||||||||||
Avianca Holdings (consolidated) |
||||||||||||||||||||||||
PAX (thousands)1 |
2,268 | 2,381 | -4.8 | % | 4,786 | 5,163 | -7.3 | % | ||||||||||||||||
ASKs (millions)2 |
4,105 | 4,327 | -5.1 | % | 8,606 | 9,276 | -7.2 | % | ||||||||||||||||
RPKs (millions)3 |
3,267 | 3,510 | -6.9 | % | 6,926 | 7,644 | -9.4 | % | ||||||||||||||||
Load factor4 |
79.6 | % | 83.5 | % | -3.9 | pp | 80.5 | % | 82.4 | % | -1.9 | pp | ||||||||||||
Domestic market |
||||||||||||||||||||||||
PAX (thousands)1 |
1,328 | 1,330 | -0.2 | % | 2,797 | 2,892 | -3.3 | % | ||||||||||||||||
ASKs (millions)2 |
724 | 741 | -2.3 | % | 1,497 | 1,595 | -6.2 | % | ||||||||||||||||
RPKs (millions)3 |
579 | 599 | -3.4 | % | 1,220 | 1,313 | -7.1 | % | ||||||||||||||||
Load factor4 |
80.0 | % | 80.8 | % | -0.9 | pp | 81.5 | % | 82.3 | % | -0.8 | pp | ||||||||||||
International market |
||||||||||||||||||||||||
PAX (thousands)1 |
940 | 1,051 | -10.5 | % | 1,989 | 2,271 | -12.4 | % | ||||||||||||||||
ASKs (millions)2 |
3,382 | 3,586 | -5.7 | % | 7,109 | 7,681 | -7.4 | % | ||||||||||||||||
RPKs (millions)3 |
2,689 | 2,911 | -7.6 | % | 5,706 | 6,330 | -9.9 | % | ||||||||||||||||
Load factor4 |
79.5 | % | 83.5 | % | -4.0 | pp | 80.3 | % | 82.4 | % | -2.2 | pp |
1 |
PAX: Passengers carried |
2 |
ASKs: Available seat kilometers |
3 |
RPKs: Revenue passenger kilometers |
4 |
Load factor: Represents utilized seating capacity |
For further information, please contact:
Avianca Investor Relations
+ (571) 587 7700 ext. 2474, 1349
ir@avianca.com
ABOUT AVIANCA HOLDINGS S.A. (NYSE: AVH) (BVC: PFAVH)
Avianca is the commercial brand for the collection of passenger airlines and cargo airlines under the umbrella company Avianca Holdings S.A. Avianca has been flying uninterrupted for 100 years. With a fleet of 175 aircraft, Avianca serves 76 destinations in 27 countries within the Americas and Europe. With more than 21,000 employees, Avianca Holdings had revenues of US$4.6 billion in 2019 and transported 30.5 million passengers. On February 22, 2019, Avianca Holdings announced its corporate transformation plan consisting of four key pillars: 1) the improvement of operational indicators, 2) fleet adjustments, 3) the optimization of operational profitability and 4) repositioning of non-strategic assets. On May 24, 2019, control of Avianca Holdings was assumed by Kingsland Holdings Limited, an independent third party of United Airlines.
SIGNATURES
Pursuant to the requirements of the U.S. Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: March 27, 2020
AVIANCA HOLDINGS S.A. | ||
By: |
/s/ Richard Galindo |
|
Name: |
Richard Galindo |
|
Title: |
General Secretary |
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