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Avianca Group
Avianca Group International Limited (formerly Avianca Holdings S.A. and AviancaTaca Holding Inc.) is a pan-regional Latin American multinational airline holding company with its registered office in St Albans, England, and its global headquarters in Bogotá, Colombia. It was formed in February 2010 after a merger agreement between Avianca and TACA Airlines, the flag carriers of Colombia and El Salvador respectively, when Avianca and TACA became wholly owned subsidiaries of Avianca Holdings. TACA Airlines shareholders were given 29% and Avianca Airlines shareholders were given 71% of the shares in the new company. The company was previously listed on the New York Stock Exchange and the Colombia Stock Exchange as Avianca Holdings. Since its inception, the Avianca Group has expanded its portfolio of operations and brands with the acquisition of the Mexican AeroUnion in 2014. The Group also owns the Avianca Express brand and LifeMiles, the Avianca rewards program. Operations Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bogotá
Bogotá (, also , , ), officially Bogotá, Distrito Capital, abbreviated Bogotá, D.C., and formerly known as Santa Fe de Bogotá (; ) during the Spanish period and between 1991 and 2000, is the capital city of Colombia, and one of the largest cities in the world. The city is administered as the Capital District, as well as the capital of, though not part of, the surrounding department of Cundinamarca. Bogotá is a territorial entity of the first order, with the same administrative status as the departments of Colombia. It is the political, economic, administrative, and industrial center of the country. Bogotá was founded as the capital of the New Kingdom of Granada on 6 August 1538 by Spanish conquistador Gonzalo Jiménez de Quesada after a harsh expedition into the Andes conquering the Muisca, the indigenous inhabitants of the Altiplano. Santafé (its name after 1540) became the seat of the government of the Spanish Royal Audiencia of the New Kingdom of Granada (creat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Air Charter
Air charter is the business of renting an entire aircraft (i.e., chartering) as opposed to individual aircraft seats (i.e., purchasing a ticket through a traditional airline). Regulation Charter – also called air taxi or ad hoc – flights require certification from the associated country's civil aviation authority. The regulations are differentiated from typical commercial/passenger service by offering a non-scheduled service. Analogous regulations generally also apply to air ambulance and cargo operators, which are often also ad hoc for-hire services. United States In the U.S. these flights are regulated under FAA Part 135. There are some cases where a charter operator can sell scheduled flights, but only in limited quantities. As of 2021, the FAA had made it a priority to crack down on unauthorised charter flights, according to industry experts. Types of service There are several business models which offer air charter services from the traditional charter operator to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TACA Airlines
Transportes Aereos del Continente Americano, (''Air Transports of the American Continent'', known and branded formerly as TACA International), operating as Avianca El Salvador, is an airline owned by Kingsland Holdings based in El Salvador. As TACA, it still currently operates as the flag carrier of El Salvador. As Avianca El Salvador, it is one of the seven national branded airlines in the Avianca Group of Latin American airlines, and has been in operation for 75 years. TACA owned and operated five other airlines in Central America, and its name was originally an acronym meaning ''Transportes Aéreos Centro Americanos'' (Central American Air Transport), but this was changed to ''Transportes Aéreos del Continente Americano'' (Air Transport of the American Continent), reflecting its expansion to North, Central, South America and the Caribbean. On October 7, 2009, it was announced that TACA would merge with Avianca, though TACA maintained its name until the merger was officia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Latin America
Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived from Latin — are predominantly spoken. The term was coined in the nineteenth century, to refer to regions in the Americas that were ruled by the Spanish Empire, Spanish, Portuguese Empire, Portuguese and French colonial empire#The Americas, French empires. The term does not have a precise definition, but it is "commonly used to describe South America, Central America, Mexico, and the islands of the Caribbean." In a narrow sense, it refers to Spanish America plus Brazil (Portuguese America). The term "Latin America" is broader than categories such as ''Hispanic America'', which specifically refers to Spanish-speaking countries; and ''Ibero-America'', which specifically refers to both Spanish and Portuguese-speaking countries while leaving ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Synergy Group
Synergy Group Corp. is a South American conglomerate created and owned by Germán Efromovich. The group is headquartered in Rio de Janeiro, Brazil. It operates several airlines in South America, among which are Avianca Group (formerly Avianca Holdings & AviancaTaca Holding), with a 66.66% stake, and is active in the exploration of oil and natural gas throughout the region. Additionally, it operates hydroelectric power plants, participates in the construction of telecommunications infrastructure, shipbuilding and technical inspections, radiochemistry, radiopharmaceuticals, agriculture and hospitality. Synergy Group had integrated the airlines and companies of TACA Airlines with Avianca under a holding company, Avianca Holdings. The Synergy Group owns 66.66% of the newly created subsidiary company. Kingsland Holding (El Salvador) owns the other 33.33% of Avianca-TACA. Synergy Aerospace Corp. a sub-division of Synergy Group, is headquartered in Bogota, Colombia. It is the maj ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avianca Guatemala
Aviateca S.A. branded Avianca Guatemala is a regional airline headquartered in Guatemala City. Aviateca was under government ownership and remained so until 1989 when it joined the Grupo TACA alliance of Central America and was privatized. It was fully integrated into TACA, operating under the '' TACA Regional'' banner, which later merged with Avianca. History The airline was established in 1929 as Aerovías de Guatemala and was founded by Alfredo Denby Chattfield. In March 14, 1945, the airline was nationalized during the government of Juan José Arevalo and established as ''Empresa Guatemalteca de Aviación S.A.'' which was shortened to ''Aviateca''. One of the original founders was Alfredo Castaneda Duarte who also served as a pilot. Aviateca started operations in March 1946 and early aircraft operated by the carrier including the Douglas DC-3. In 1961, service to Miami was originated with four-engined Douglas DC-6 airliners. The airline later operated the Douglas DC-6 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avianca Express
Avianca Express (legally ''Regional Express Américas S.A.S.'') is a Colombian regional airline founded in December 2018. It is owned by Avianca Group and is being phased in, as of spring 2019, as part of the adjustment plan for its operating model and in search of more profitability and efficiency. History The peculiarity of Avianca Holdings' new strategy is that flights are not routed through an airline hub, but from point-to-point. In return, Avianca gradually withdrew from regional centers and intends to serve only important national and international destinations in the future. Flight operations were carried out exclusively with a fleet of ATR 72-600s, a twin-engine turboprop aircraft that fits with regional airports with shorter runways and a more limited aviation infrastructure. Avianca Holdings received Aerocivil's air traffic approval for the Colombian regional market in February 2018. From March 1, 2019, the airline embarked on regional routes from Bogotá to cities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avianca El Salvador
Transportes Aereos del Continente Americano, (''Air Transports of the American Continent'', known and branded formerly as TACA International), operating as Avianca El Salvador, is an airline owned by Kingsland Holdings based in El Salvador. As TACA, it still currently operates as the flag carrier of El Salvador. As Avianca El Salvador, it is one of the seven national branded airlines in the Avianca Group of Latin American airlines, and has been in operation for 75 years. TACA owned and operated five other airlines in Central America, and its name was originally an acronym meaning ''Transportes Aéreos Centro Americanos'' (Central American Air Transport), but this was changed to ''Transportes Aéreos del Continente Americano'' (Air Transport of the American Continent), reflecting its expansion to North, Central, South America and the Caribbean. On October 7, 2009, it was announced that TACA would merge with Avianca, though TACA maintained its name until the merger was officia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avianca Ecuador
Avianca Ecuador S.A. (formerly known as AeroGal) is an airline based in Quito, Ecuador. It operates passenger and cargo flights within Ecuador, between the mainland and the Galápagos Islands, and between Ecuador and Colombia (on behalf of Avianca). It is one of the seven nationally branded airlines (Avianca Costa Rica, Avianca El Salvador, etc.) in the Avianca Group of Latin American airlines. History AeroGal was founded in November 1985 by the Ecuadorian businessman Carlos Serrano Lusetti, with the objective of offering air transportation of passengers and cargo in Continental Ecuador and in the Galapagos Archipelago. It began operating in 1986 with 2 Dornier Do 28s with capacity for 12 passengers each. In October 2009, AeroGal was 80% taken over by Synergy Group, and announced its merger with Avianca, and TACA Airlines. With the merger, the company expanded its connections to Europe. It also merged with Vuelos Internos Privados, being the first Ecuadorian company of this ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avianca Costa Rica
Avianca Costa Rica S.A., formerly known as LACSA (''Spanish: Lineas Aéreas Costarricenses S.A.''), minority owned by the Synergy Group, is the national airline of Costa Rica and is based in San José. It operates international scheduled services to over 35 destinations in Central, North and South America. The airline previously used the TACA/LACSA moniker when it was a subsidiary of Grupo TACA. Since May 2013, following Avianca's purchase of Grupo TACA, Avianca Costa Rica became one of seven nationally branded airlines (Avianca Ecuador, Avianca Honduras, etc.) operated by Avianca Group of Latin American airlines. History LACSA was formed in October 17, 1945, with the help of Pan American World Airways, and started operations in June 1, 1946, using Douglas DC-3s for local services within Costa Rica,Endres 1979, p.362 operating as an affiliate of Pan Am. The airline was designated as Costa Rica's Flag carrier in 1949. It was nationalized in 1958. LACSA operated the Douglas DC- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
