Bogotá D.C., June 28, 2019
TRANSFORMATION PLAN OF AVIANCA HOLDINGS S.A. WILL BE IMPLEMENTED
BY NEW MEMBERS OF THE COMPANYS MANAGEMENT TEAM
Bogotá, June 28, 2019. Following up on the reports published in recent days by Avianca Holdings S.A. (Avianca or the
Company), in relation to new members of the management team, we inform that among the objectives set for the new members of the Avianca management team are the consolidation of Aviancas transformation plan, aimed at transitioning
the Company from a growth model to one of profitability, achieving optimization of the fleet, strengthening its hub in Bogota and reducing the Companys short-term debt level.
For further information please contact:
ext. 2474, 1349
ABOUT AVIANCA HOLDINGS S.A.
The terms Avianca Holdings or the Company refer to the consolidated entity. The original source-language text of this announcement is
the official, authoritative version, Translations are provided as an accommodation only, and should be cross-referenced with the source-language text, which is the only version of the text intended to have legal effect.
Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) comprises the airlines: Aerovías del Continente Americano S.A.Avianca, Tampa Cargo S.A.,
incorporated in Colombia, Aerolineas Galapagos S.A.Aerogal, incorporated in Ecuador, and the TACA Group companies: TACA International Airlines S.A., incorporated in El Salvador, Lineas Aereas Costarricenses S.A.LACSA, incorporated in
Costa Rica, Transamérican Airlines S.A.TACA Perú, incorporated in Perú and Isleña de Inversiones S.A. de C.V.ISLEÑA, incorporated in Honduras.
+571 587 77 00 2474, 1349