Avianca Brasil S.A.

ONT expands international destinations as it welcomes new nonstop service to San Salvador beginning in July

Retrieved on: 
Monday, February 1, 2021
Airlines, Avianca, Aviation, Volaris, Álvaro Obregón, Mexico City, Ontario International Airport, Avianca Brasil S.A.

While domestic travel accounts for much of ONT's recovery, it will be particularly gratifying to add Avianca's international service."

Key Points: 
  • While domestic travel accounts for much of ONT's recovery, it will be particularly gratifying to add Avianca's international service."
  • Airlines operating at ONT have announced plans to restart or initiate new flights to nine U.S. destinations by May.
  • Meanwhile, international carrier Volaris began nonstop service from ONT to its Mexico City base in November.
  • Ontario International Airport (ONT) is the fastest growing airport in the United States, according to Global Traveler, a leading publication for frequent fliers.

KBRA Releases Research – Coronavirus (COVID-19): Aviation ABS Exposure to Avianca’s Bankruptcy Filing

Retrieved on: 
Friday, May 15, 2020
Banking, Professional services, Finance, Airlines, Finance, Money, Avianca, Credit rating agencies, Kroll Bond Rating Agency, Nationally recognized statistical rating organization, Avianca Holdings, Kroll, Avianca Brasil S.A., Bond credit rating, KBRA

Kroll Bond Rating Agency and Kroll Bond Rating Agency Europe Limited (collectively, KBRA) releases a research report detailing the exposure of KBRA-rated aviation ABS to Avianca Holdings S.A. and its subsidiaries.

Key Points: 
  • Kroll Bond Rating Agency and Kroll Bond Rating Agency Europe Limited (collectively, KBRA) releases a research report detailing the exposure of KBRA-rated aviation ABS to Avianca Holdings S.A. and its subsidiaries.
  • The airline, which filed for Chapter 11 bankruptcy protection on May 10, is a lessee in seven KBRA-rated aviation ABS transactions.
  • The transactions exposure to the airline ranges from approximately 1.5% to 19.5% based on maintenance-adjusted base values.
  • KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

Corporación América Airports S.A. Reports a 2.1% YoY Increase in Total Passenger Traffic in December 2019

Retrieved on: 
Thursday, January 16, 2020
Air, Transport, Transportation, Commercial Building & Real Estate, Construction & Property, Destinations, Travel, Airlines, Aviation, Human activities, Avianca, Avianca Brasil S.A., Yoy, Airline

Total passenger traffic in December 2019 grew by 2.1% YoY, primarily reflecting increases of 3.0% in Argentina, 8.8% in Italy, 7.5% in Ecuador and 6.1% in Armenia, partially offset by declines in Brazil and Uruguay.

Key Points: 
  • Total passenger traffic in December 2019 grew by 2.1% YoY, primarily reflecting increases of 3.0% in Argentina, 8.8% in Italy, 7.5% in Ecuador and 6.1% in Armenia, partially offset by declines in Brazil and Uruguay.
  • In Argentina, total passenger traffic increased 3.0% YoY, driven by 6.4% growth in domestic passengers mainly due to new routes introduced during 2018 and 2019, together with a mix-shift to domestic from international travel by local passengers.
  • Total passenger traffic declined 4.7% YoY, still reflecting the cessation of operations by Avianca Brasil, partially offset by traffic growth driven by other airlines.
  • Domestic passenger traffic declined 2.6% YoY, while international passenger traffic increased 2.8% YoY.

Corporación América Airports S.A. Reports a 3.7% YoY Increase in Total Passenger Traffic in November 2019

Retrieved on: 
Tuesday, December 17, 2019
Air, Transportation, Transport, Destinations, Travel, Airlines, Aviation, Human activities, Avianca, Avianca Brasil S.A., Yoy, Airline

Total passenger traffic in November 2019 grew by 3.7% YoY, primarily reflecting increases of 6.2% in Argentina, 6.7% in Italy, 9.4% in Armenia, and 4.1% in Ecuador, partially offset by declines in Brazil and Uruguay.

Key Points: 
  • Total passenger traffic in November 2019 grew by 3.7% YoY, primarily reflecting increases of 6.2% in Argentina, 6.7% in Italy, 9.4% in Armenia, and 4.1% in Ecuador, partially offset by declines in Brazil and Uruguay.
  • In Argentina, total passenger traffic increased 6.2% YoY, reflecting growth of 9.2% in domestic passengers as a result of the new routes introduced during 2018 and 2019, together with a mix-shift to domestic from international travel by local passengers.
  • Passenger traffic declined 2.3% YoY, still reflecting the cessation of operations by Avianca Brasil, partially offset by traffic growth driven by other airlines.
  • Domestic passengers increased 1.9% YoY, signaling a continued slight recovery from the downward trend earlier in the year, while international passenger traffic increased 3.5% YoY.

Seabury Securities Advises Avianca Holdings S.A. on Reprofiling of $4.5 Billion of Obligations and in Securing $375 Million in New Financing & Commitments Led by United Airlines & Kingsland Holdings

Retrieved on: 
Monday, December 9, 2019
Other Transport, Finance, Air, Transport, Professional services, Aerospace, Manufacturing, Other Travel, Transportation, Travel, Airlines, Aviation, Seabury, Avianca Brasil S.A., Avianca

That combination gave us the ability to collectively persuade Aviancas creditors, lessors, and other key stakeholders to commit to continuing to support Avianca.

Key Points: 
  • That combination gave us the ability to collectively persuade Aviancas creditors, lessors, and other key stakeholders to commit to continuing to support Avianca.
  • We appreciate the extraordinary investment banking and restructuring advisory services provided to us by Seabury Securities, which was critical to the success of the reprofiling.
  • Seabury Capital has executed over 1,500 engagements in over 50 countries during its 25-year history, including a significant majority of all successful airline turnarounds.
  • Since its founding in 1995, Seabury Capital has taken ownership stakes in software and asset management businesses servicing the aviation and travel industries.

Corporación América Airports S.A. Reports Flat Total Passenger Traffic in October 2019

Retrieved on: 
Monday, November 18, 2019
Transport, Air, Airlines, Yoy, Aviation, Avianca Brasil S.A., Avianca, Economy of Colombia

In Argentina, total passenger traffic remained flat YoY with 3.5 million passengers.

Key Points: 
  • In Argentina, total passenger traffic remained flat YoY with 3.5 million passengers.
  • Domestic passenger traffic was unchanged, facing difficult YoY comps as traffic in October 2018 had increased 16.5% YoY.
  • In Uruguay, passenger traffic declined 9.9% YoY, mainly reflecting the temporary cancellation of Avianca Colombias daily route to Bogot, Colombia, anticipated to be restored in December.
  • In Ecuador, total passenger traffic declined 1.4% YoY, as growth of 8.5% in international traffic was more than offset by a 9.7% decline in domestic traffic, due to social unrest experienced in the country in October.