BOGOTA, Colombia, November 17, 2020 – Avianca Holdings S.A. (OTCMKTS: AVHOQ,
BVC: PFAVH) (the “Company” or “Avianca”) announced today that the Bankruptcy Court of the Southern District of New York overseeing the Company’s Chapter 11 process has granted Avianca’s Bar Date motion and established a
General Bar Date of January 20, 2021, at 11:59 p.m. Pacific Time by which proofs of claim must be filed. The Governmental Bar Date has been established as February 5, 2021, at 11:59 p.m. Pacific Time.
Following this approval, Avianca will provide broad notice of the Bar Date and the procedures for filing Proofs of Claim to its lenders, noteholders,
customers, employees and vendors, and all other potential holders of claims that arose before May 10, 2020.
Court filings and other documents,
including the Proof of Claim form, related to Avianca’s Chapter 11 process in the U.S. are available on the website administered by Avianca’s claims agent, Kurtzman Carson Consultants, at www.kccllc.net/avianca. Information is also
available by calling (866) 967-1780 (U.S./Canada) or +1 (310) 751-2680 (International), as well as by email at www.kccllc.net/avianca/inquiry.
About Avianca Holdings S.A. (OTCMKTS: AVHOQ) (BVC: PFAVH)
Avianca is the trademark for the group of passenger airlines and cargo airlines under the holding company Avianca Holdings S.A. Avianca has been flying
continuously for 100 years. As of December 2019, the Company had over 21,000 employees, operated a fleet of 158 aircraft and served 76 destinations in 27 countries within the Americas and Europe. In 2019, the Company carried 30.5 million
passengers, generating revenues of approximately US$ 4.6 billion.
Forward-Looking Statements
Avianca has included statements in this press release that constitute “forward-looking statements”. As a general matter, forward-looking statements
are those focused on future or anticipated events or trends, expectations, and beliefs including, among other things, the Company’s expectations with respect to its Chapter 11 proceedings, the airline industry and the impacts of COVID-19. Such statements are intended to be identified by words such as “believe,” “expect,” “intend,” “estimate,” “anticipate,” “will,”
“project,” “plan” and similar expressions in connection with any discussion of future operating or financial performance. Any forward-looking statements are and will be based upon the Company’s then-current expectations,
estimates and assumptions regarding future events and are applicable only as of the dates of such statements. Readers are cautioned not to put undue reliance on such forward-looking statements.
Forward-looking statements in this press release are not guarantees of future performance and involve risks and uncertainties, including with respect to the
Chapter 11 process, related negotiations and hearings before the Bankruptcy Court, as well as the COVID-19 crisis. Actual results may differ materially from those projected in this press release for numerous
reasons, including factors outside of the Company’s control. The Company expressly disclaims any obligation to update or revise this press release, including any forward-looking statements, whether as a result of new information, future events
or otherwise.
Contacts
Investor Contact
Avianca:
Luca Pfeifer, Head of Investor Relations
ir@avianca.com
(571) (5877700)
U.S. and Europe Media Contact
Avianca:
Viviana Escobar, Corporate Communications
viviana.escobar@avianca.com
Joele Frank, Wilkinson
Brimmer Katcher:
Leigh Parrish
lparrish@joelefrank.com
+1 212 355 4449