In June, the subsidiary companies of Avianca Holdings S.A. (NYSE:AVH) (BVC:PFAVH) (*) transported 2,606,199 passengers, an increase of 5.9% compared to June 2016. Capacity, measured in ASKs (available seat kilometers), increased 9.1%, while passenger traffic, measured in RPKs (revenue passenger kilometers), increased 10.1%. The load factor for the month was 82.5%, an increase of 80 bps compared to the same period of 2016.

Domestic markets in Colombia, Peru and Ecuador

In June, the subsidiary airlines of Avianca Holdings transported within each of these markets a total of 1,539,232 travelers, up 2.2% compared to June 2016. Capacity (ASKs) decreased 2.6% while passenger traffic (RPKs) increased 0.3%. The load factor for the month was 83.3%, an increase of 240 bps compared to the same period of 2016.

International markets

In June, the affiliated airlines of Avianca Holdings transported 1,066,967 passengers on international routes, up 11.9% compared to June 2016. Capacity (ASKs) increased 12.2%, while passenger traffic (RPKs) increased 12.7%. The load factor for the month was 82.3%, an increase of 30 bps when compared to the same period of 2016.

Operational Statistics   jun-17   jun-16   Δ YoY   2Q 2017   2Q 2016   Δ YoY  

YTD

2017

 

YTD

2016

  Δ YoY                     Avianca Holdings (Consolidated) PAX (K)1 2,606 2,460 5.9% 7,706 7,073 9.0% 15,227 14,205 7.2% ASK (mm)2 4,225 3,874 9.1% 12,621 11,575 9.0% 24,801 23,079 7.5% RPK (mm)3 3,484 3,166 10.1% 10,346 9,037 14.5% 20,317 18,098 12.3% Load Factor4   82.5%   81.7%   0.8pp   82.0%   78.1%   3.9pp   81.9%   78.4%   3.5pp Domestic Market PAX (K)1 1,539 1,506 2.2% 4,509 4,294 5.0% 8,897 8,603 3.4% ASK (mm)2 805 826 -2.6% 2,440 2,484 -1.8% 4,900 4,965 -1.3% RPK (mm)3 670 668 0.3% 1,972 1,896 4.0% 3,946 3,826 3.1% Load Factor4   83.3%   80.9%   2.4pp   80.8%   76.3%   4.5pp   80.5%   77.1%   3.5pp International Market PAX (K)1 1,067 954 11.9% 3,197 2,780 15.0% 6,330 5,602 13.0% ASK (mm)2 3,420 3,047 12.2% 10,181 9,091 12.0% 19,901 18,114 9.9% RPK (mm)3 2,814 2,497 12.7% 8,374 7,141 17.3% 16,371 14,272 14.7% Load Factor4   82.3%   82.0%   0.3pp   82.3%   78.6%   3.7pp   82.3%   78.8%   3.5pp  

1PAX: Passengers carried

2ASKs: Available Seat Kilometers

3RPKs: Revenue Passenger Kilometers

4Load Factor:Represents utilized seating capacity

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.

About Avianca Holdings S.A.

Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) comprises the airlines: Aerovías del Continente Americano S.A. Avianca (Avianca), Tampa Cargo S.A.S. , 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, Trans Américan Airlines S.A., incorporated in Perú, Servicios Aéreos Nacionales S.A., SANSA, incorporated in Costa Rica, Aerotaxis La Costeña S.A., incorporated in Nicaragua, Isleña de Inversiones S.A. de C.V., ISLEÑA, incorporated in Honduras and Aviateca S.A., incorporated in Guatemala.

On May 1, 2017, Avianca Holdings S.A. (“Avianca”) filed its Annual Report on Form 20-F for the year ended December 31, 2016 (the “Form 20-F”) with the U.S. Securities and Exchange Commission (the “SEC”).

In compliance with the New York Stock Exchange rules, the Form 20-F is available on our website www.aviancaholdings.com/en/. In addition, all shareholders of Avianca may request, free of charge, a hard copy of Avianca’s complete audited financial statements filed with the SEC. To request a hard copy of Avianca’s audited financial statements or to confirm or clarify this press release, please contact Investor Relations of Avianca Holdings S.A. at:

Avianca Holdings S.A.Investor Relations Office+571 587 77 00 ext. 1320/1321ir@avianca.comorAvianca Holdings S.A.External Communications DirectorateGilma Úsuga, (57+1) - 587 77 00 ext. 1670 – 1711gilma.usuga@avianca.comjaneth.benitez@avianca.com

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