Avianca Moves Forward With The Execution Of Its 2021 Strategy
AVIANCA HOLDINGS SA (AVH)
US:NYSE Investor Relations:
aviancaholdings.com/english/investor-relations/financial-information/default.aspx
Company Research
Source: PR Newswire
BOGOTA, Colombia, July 11, 2019 /PRNewswire/ -- Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) today announced that under its "Avianca 2021" strategy, the new management of Avianca Holdings is rapidly advancing in the execution of a plan to strengthen the company's competitiveness and implement necessary financial adjustments.One of the fundamental pillars of the plan is operational efficiency. Since November of last year, the company has begun a systematic effort to improve punctuality, achieving measurable improvement. It will continue to make changes in itineraries, routes, schedules and frequencies and, working with the Colombian aeronautical authority, simplify its operation and provide a better service to customers.Roberto Kriete, Chairman of the Board of Directors stated: "Supported by Kingsland, which since May 24 assumed control of the company, and with the know-how of United, strategic partner of Avianca, the airline will continue to make decisions that recover and strengthen
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