Report of Foreign Issuer (6-k)
March 03 2020 - 8:49AM
Edgar (US Regulatory)
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): ☐
In January 2020
AVIANCA HOLDINGS AND ITS SUBSIDIARIES CARRIED MORE THAN 2.5 MILLION PASSENGERS
In January 2020, Avianca Holdings and its subsidiaries carried 2,518,718 passengers, a 9.5% decrease over the same period in 2019.
In January, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) (*) transported 2,518,718 passengers, a 9.5% decrease compared
to January 2019. Capacity, measured in ASKs (available seat kilometers), decreased 9.1%, while passenger traffic, measured in RPKs (revenue passenger kilometers), decreased 11.5%. The load factor for the month was 81.3%, a decrease of 223 bps
compared to the same period in 2019.
Domestic markets in Colombia, Peru and Ecuador
In January, the subsidiary airlines of Avianca Holdings transported in these markets a total of 1,469,674 passengers, a 5.9% decrease compared to January 2019.
Capacity (ASKs) decreased 9.5%, while passenger traffic (RPKs) decreased 10.2%. The load factor for the month was 83.0%, an increase of 65 bps compared to the same period in 2019.
International markets
In January, the affiliated
airlines of Avianca Holdings transported 1,049,044 passengers on international routes, a 14.0% decrease compared to January 2019. Capacity (ASKs) decreased 9.0%, while passenger traffic (RPKs) decreased 11.7%. The load factor for the month was
80.9%, a decrease of 256 bps compared to the same period in 2019.
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Operational Statistics
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Jan-20
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Jan-19
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D YoY
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Avianca Holdings (Cons.)
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PAX (K)1
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2,519
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2,782
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-9.5
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%
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ASK (mm)2
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4,500
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4,949
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-9.1
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%
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RPK (mm)3
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3,659
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4,134
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-11.5
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%
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Load Factor4
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81.3
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%
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83.5
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%
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-2.2
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pp
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Domestic Market
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PAX (K)1
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1,470
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1,562
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-5.9
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%
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ASK (mm)2
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773
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854
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-9.5
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%
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RPK (mm)3
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641
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714
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-10.2
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%
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Load Factor4
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83.0
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%
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83.6
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%
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-0.7
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pp
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International Market
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PAX (K)1
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1,049
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1,220
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-14.0
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%
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ASK (mm)2
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3,728
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4,095
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-9.0
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%
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RPK (mm)3
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3,017
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3,418
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-11.7
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%
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Load Factor4
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80.9
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%
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83.5
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%
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-2.6
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pp
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1
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PAX: Passengers carried
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2
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ASKs: Available Seat Kilometers
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3
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RPKs: Revenue Passenger Kilometers
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4
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Load Factor: Represents utilized seating capacity
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ABOUT AVIANCA HOLDINGS S.A.
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$4.8 billion in 2018 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.
Investor Relations Office
+571 587 77 00
2474, 1349
ir@avianca.com
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 3, 2020
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AVIANCA HOLDINGS S.A.
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By:
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/s/ Richard Galindo
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Name:
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Richard Galindo
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Title:
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General Secretary
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