Market Overview

Avianca Holdings And Its Subsidiaries Carried More Than 2.4 Million Passengers In June 2016

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BOGOTA, Colombia--(BUSINESS WIRE)--

In June, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) (*) transported 2,460,627 passengers, an increase of 5.3% compared to June 2015. Capacity, measured in ASKs (available seat kilometers), increased 8.1%, while passenger traffic, measured in RPKs (revenue passenger kilometers), increased 9.8%. The load factor for the month was 81.7%.

Domestic markets in Colombia, Peru and Ecuador

In June, the subsidiary airlines of Avianca Holdings transported within these markets a total of 1,506,313 travelers, an increase of 5.4% compared to June 2015. Capacity (ASKs) increased 2.5%, while passenger traffic (RPKs) increased 6.0%. The load factor for the month was 80.9%.

International markets

In June, the affiliated airlines of Avianca Holdings transported 953,814 passengers on international routes, up 5.1% compared to June 2015, Capacity (ASKs) increased 9.7%, while passenger traffic (RPKs) increased 10.8%. The load factor for the month was 82.0%.

Operational Statistics

  Jun-16   Jun-15   Δ YOY   2Q 2016   2Q 2015   Δ YOY  

YTD 2016

  YTD 2015   Δ YOY
Avianca Holdings (Consolidated)                  
PAX (K)1 2,460 2,336 5.3% 7,073 6,936 2.0% 14,205 13,616 4.3%
ASK (mm)2 3,874 3,583 8.1% 11,575 10,780 7.4% 23,079 21,329 8.2%
RPK (mm)3 3,166 2,884 9.8% 9,037 8,488 6.5% 18,098 16,820 7.6%
Load Factor4   81.7%   80.5%   1.2pp   78.1%   78.7%   -0.6pp   78.4%   78.9%   -0.5pp
Domestic Market
PAX (K)1 1,506 1,429 5.4% 4,294 4,227 1.6% 8,603 8,234 4.5%
ASK (mm)2 826 806 2.5% 2,484 2,460 1.0% 4,965 4,835 2.7%
RPK (mm)3 668 631 6.0% 1,896 1,856 2.1% 3,826 3,620 5.7%
Load Factor4   80.9%   78.2%   2.7pp   76.3%   75.4%   0.9pp   77.1%   74.9%   2.2pp
International Market
PAX (K)1 954 908 5.1% 2,780 2,709 2.6% 5,602 5,381 4.1%
ASK (mm)2 3,047 2,777 9.7% 9,091 8,320 9.3% 18,114 16,494 9.8%
RPK (mm)3 2,497 2,253 10.8% 7,141 6,632 7.7% 14,272 13,200 8.1%
Load Factor4   82.0%   81.1%   0.9pp   78.6%   79.7%   -1.1pp   78.8%   80.0%   -1.2pp

1PAX: Passengers carried

2ASKs: Available Seat Kilometers

3RPKs: Revenue Passenger Kilometers

4Load Factor: Represents utilized seating capacity

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 (Avianca), Tampa Cargo S.A.S. , 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, Trans Américan Airlines S.A., incorporated in Perú, Servicios Aéreos Nacionales S.A., SANSA, incorporated in Costa Rica, Aerotaxis La Costeña S.A., incorporated in Nicaragua, Isleña de Inversiones S.A. de C.V., ISLEÑA, incorporated in Honduras and Aviateca S.A., incorporated in Guatemala.

On April 29, 2016, Avianca Holdings S.A. ("Avianca") filed its Annual Report on Form 20-F for the year ended December 31, 2015 (the "Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC").

In compliance with the New York Stock Exchange rules, the Form 20-F is available on our website at www.aviancaholdings.com/en/. In addition, all shareholders of Avianca may request, free of charge, a hard copy of Avianca's complete audited financial statements filed with the SEC. To request a hard copy of Avianca's audited financial statements or to confirm or clarify this press release, please contact the Investor Relations of Avianca Holdings S.A. whose contact information is as follows:

Avianca Holdings S.A.
Communications and Corporate Affairs
Gilma Úsuga, (57+1) - 587 77 00 ext. 1670 - 1711
gilma.usuga@avianca.com; janeth.benitez@avianca.com
or
Claudia Arenas, (50+2) 2279-5700, (502) 2279-5600
claudia.arenas@avianca.com
or
Investor Relations Office
+571 587 77 00 ext. 1320/1321
ir@avianca.com

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