Avianca reverses losses with $44 million 2016 net profit

Credit: Rob Finlayson
Avianca Holdings posted a net profit of $44.2 million in 2016, reversing a $139.5 net loss the company reported in 2015. “Through steadfast focus on implementing our [business] plan, and the benefit of improved microeconomic tailwinds, 2016 was a strong year for Avianca,” Avianca CEO Hernán Rincón...
Mark Nensel

Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter…

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