Radar > 238153

Avianca Holding studies search for partners and arrival in Germany

Avianca Holding estudia búsqueda de socios y desembarco en Alemania

Intel ID : 238153
Synopsis

Avianca Holding (BVC:AVT; NYSE:AVH), a Panama-based holding of airlines Avianca and Taca, is seeking a strategic partner for the company, as well as studying a potential launch of operations in Germany, reported Portafolio on 27 June, 2016, citing company president, Hernán Rincón.

Specifically, the airline is considering operating in Frankfurt, given the ease of connection to the Middle East. It also expressed interest in new destinations in the United States.

Meanwhile, Rincón confirmed the company is seeking a strategic partner and, so far, five to seven companies have shown their interest. For the time being, however, Avianca Holding rules out an extraordinary capitalization (see related intel).
(content in spanish)

Avianca Holding (BVC:AVT; NYSE:AVH), holding panameño de las aerolíneas Avianca y Taca, se encuentra en la búsqueda de un socio estratégico para la compañía, así como estudia un posible inicio de operaciones en Alemania, según ha informado Portafolio el 27 de junio de 2016, citando al presidente de la compañía, Hernán Rincón.

En concreto, la aerolínea está considerando operar en Frankfurt, debido a la facilidad de conexión hacia el Medio Oriente, así como manifiesta interés en nuevos destinos en los Estados Unidos.

Por otra parte, Rincón ha confirmado que se encuentran en la búsqueda de un socio estratégico para la compañía y, hasta el momento, entre cinco y siete firmas se han interesado por la compañía. Por ahora, el presidente de la entidad descarta una capitalización extraordinaria (ver Intels relacionados).

Bidder

United Kingdom

Intel ID 238153
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Avianca Holdings
(31 Dec 2013)
Revenue: EUR 3.095,93m
Exchange Rate:
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Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Secondary Sectors (TTRSC)
35.10.02 Aviation
35 Industrials / 35.10 Transportation & Logistics

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