6-K 1 d652759d6k.htm FORM 6-K Form 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

For the month of November, 2018.

Commission File Number 001-36142

 

 

Avianca Holdings S.A.

 

 

(Translation of registrant’s name into English)

Aquilino de la Guardia Calle No. 8, Panama City,

Republic of Panama

(+507) 205-600

(Address of principal executive offices)

 

 

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): ☐

 

 

 


LOGO

In October 2018

AVIANCA HOLDINGS AND ITS SUBSIDIARIES

CARRIED MORE THAN 2.6 MILLION

PASSENGERS

In October 2018, Avianca Holdings and its subsidiaries carried 2,588,823 passengers, a 35.6%

increase over the same period in 2017.

In October, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) (*) transported 2,588,823 passengers, a 35.6% increase compared to October 2017. Capacity, measured in ASKs (available seat kilometers), increased 32.4%, while passenger traffic, measured in RPKs (revenue passenger kilometers), increased 27.6%. The load factor for the month was 81.4%, a decrease of 310 bps compared to the same period of 2017.

Domestic markets in Colombia, Peru and Ecuador

In October, the subsidiary airlines of Avianca Holdings transported within each of these markets a total of 1,505,247 travelers, up 53.4% when compared to the same period of 2017. Capacity (ASKs) increased 57.4% while passenger traffic (RPKs) increased 46.2%. The load factor for the month was 82.0%, a decrease of 626 bps compared to the same month of 2017.

International markets

In October, the affiliated airlines of Avianca Holdings transported 1,083,576 passengers on international routes, up 16.8% when compared to the same period of 2017. Capacity (ASKs) increased 27.9%, while passenger traffic (RPKs) increased 24.0%. The load factor for the month was 81.3%, a decrease of 254 bps when compared to October 2017.

 

             

Operational Statistics

 

  

Oct-18

 

    

Oct-17

 

    

DYOY

 

    

YTD 2018

 

    

YTD 2017

 

    

DYoY

 

 
Avianca Holdings (Cons.)                      
PAX (K)1      2,589        1,909        35.6%        25,230        24,753        1.9%  
ASK (mm)2      4,451        3,361        32.4%        43,358        40,552        6.9%  
RPK (mm)3      3,623        2,840        27.6%        36,119        33,640        7.4%  

Load Factor4

 

    

 

81.4%

 

 

 

    

 

84.5%

 

 

 

    

 

-3.1pp

 

 

 

    

 

83.3%

 

 

 

    

 

83.0%

 

 

 

    

 

0.3pp

 

 

 

Domestic Market                                                      
PAX (K)1      1,505        981        53.4%        14,410        14,242        1.2%  
ASK (mm)2      817        519        57.4%        7,738        7,720        0.2%  
RPK (mm)3      670        458        46.2%        6,469        6,355        1.8%  

Load Factor4

 

    

 

82.0%

 

 

 

    

 

88.2%

 

 

 

    

 

-6.3pp

 

 

 

    

 

83.6%

 

 

 

    

 

82.3%

 

 

 

    

 

1.3pp

 

 

 

International Market                                                      
PAX (K)1      1,084        928        16.8%        10,820        10,511        2.9%  
ASK (mm)2      3,634        2,842        27.9%        35,619        32,832        8.5%  
RPK (mm)3      2,953        2,382        24.0%        29,650        27,285        8.7%  

Load Factor4

 

    

 

81.3%

 

 

 

    

 

83.8%

 

 

 

    

 

-2.5pp

 

 

 

    

 

83.2%

 

 

 

    

 

83.1%

 

 

 

    

 

0.1pp

 

 

 

1PAX: Passengers carried

2ASKs: Available Seat Kilometers

3RPKs: Revenue Passenger Kilometers

4Load Factor:Represents utilized seating capacity


LOGO

ABOUT AVIANCA HOLDINGS S.A.

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, Tampa Cargo S.A., 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, Transamérican Airlines S.A.—TACA Perú, incorporated in Perú, Servicios Aéreos Nacionales S.A.—SANSA, incorporated in Costa Rica, Aerotaxis La Costeña S.A., incorporated in Nicaragua, and Isleña de Inversiones S.A. de C.V.—ISLEÑA, incorporated in Honduras.

Investor Relations Office

+571 587 77 00 – 2474, 1349

ir@avianca.com


LOGO

SIGNATURE

Pursuant to the requirements of the 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: November 13, 2018

 

  AVIANCA HOLDINGS S.A.
By:   /s/ Renato Covelo
  Name: Renato Covelo
  Title:   Vice President Senior General Counsel