Avianca Holdings SA logo

AVH - Avianca Holdings SA News Story

$0.88 0.0  0.0%

Last Trade - 08/05/20

Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £2.50bn
Position in Universe th / 6846

Colombia's Avianca cancels 17 Airbus plane orders, delays 35 other deliveries

Fri 15th March, 2019 9:53pm
SAO PAULO, March 15 (Reuters) - Colombian airline Avianca
Holdings  AVT_p.CN  on Friday said it had canceled an order of
17 Airbus A320 Neo aircraft  AIR.PA  and delayed deliveries on
35 others, according to a securities filing. 
    Avianca said this would reduce its financial commitments
between 2020 and 2022 by $2.6 billion. The Colombian carrier has
recently shifted its strategy to a focus on profitability from

 (Reporting by Marcelo Rochabrun; Editing by Christian Plumb)
 ((; +55 11 5644 7768;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.