UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20546
FORM6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE13a-16 OR15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of November, 2019
Commission File Number:001-36142
Avianca Holdings S.A.
(Name of Registrant)
Edificio P.H. ARIFA, Pisos 9 y 10, Boulevard Oeste,
Santa María Business District, Panama City,
Republic of Panama
(+507)205-7000
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form20-F or Form40-F.
Form20-F ☒ Form40-F ☐
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-T Rule 101(b)(7): ☐
Avianca Holdings S.A.
Bogota, November 28, 2019
In October 2019
AVIANCA HOLDINGS S.A. AND ITS
SUBSIDIARIES CARRIED MORE THAN 2.4
MILLION PASSENGERS
In October 2019, Avianca Holdings S.A. and its subsidiaries carried 2,441,004 passengers, a
6.5% decrease over the same period in 2018.
In October, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) (*)transported 2,441,004 passengers, a 6.5% decrease compared to October 2018. Capacity, measured in ASKs (available seat kilometers), decreased 2.4%, while passenger traffic, measured in RPKs (revenue passenger kilometers), decreased 5.2%. The load factor for the month was 78.9%, a decrease of 232 bps compared to the same period of 2018.
Domestic markets in Colombia, Peru and Ecuador
In October, the subsidiary airlines of Avianca Holdings S.A. transported within each of these markets a total of 1,405,964 travelers, down 6.8% when compared to the same period of 2018. Capacity (ASKs) decreased 8.8% while passenger traffic (RPKs) decreased 12.5%. The load factor for the month was 78.6%, a decrease of 337 bps when compared to the same month of 2018.
International markets
In October, the affiliated airlines of Avianca Holdings S.A. transported 1,035,040 passengers on international routes, down 6.2% when compared to the same period of 2018. Capacity (ASKs) decreased 1.0%, while passenger traffic (RPKs) decreased 3.6%. The load factor for the month was 78.9%, an decrease of 210 bps when compared to October 2018.
Operational Statistics
| Oct - 19 | Oct - 18* | DYoY | YTD 2019 | YTD 2018* | DYoY | ||||||||
Avianca Holdings (Cons.) | ||||||||||||||
PAX (K)1 | 2,441 | 2,612 | -6.5% | 25,558 | 25,253 | 1.2% | ||||||||
ASK (mm)2 | 4,470 | 4,580 | -2.4% | 45,514 | 43,486 | 4.7% | ||||||||
RPK (mm)3 | 3,526 | 3,719 | -5.2% | 37,293 | 36,216 | 3.0% | ||||||||
Load Factor4 | 78.9% | 81.2% | -2.3pp | 81.9% | 83.3% | -1.3pp | ||||||||
Domestic Market | ||||||||||||||
PAX (K)1 | 1,406 | 1,509 | -6.8% | 14,513 | 14,414 | 0.7% | ||||||||
ASK (mm)2 | 747 | 819 | -8.8% | 7,803 | 7,741 | 0.8% | ||||||||
RPK (mm)3 | 587 | 671 | -12.5% | 6,309 | 6,471 | -2.5% | ||||||||
Load Factor4 | 78.6% | 82.0% | -3.4pp | 80.8% | 83.6% | -2.8pp | ||||||||
International Market | ||||||||||||||
PAX (K)1 | 1,035 | 1,103 | -6.2% | 11,045 | 10,839 | 1.9% | ||||||||
ASK (mm)2 | 3,723 | 3,761 | -1.0% | 37,711 | 35,746 | 5.5% | ||||||||
RPK (mm)3 | 2,939 | 3,048 | -3.6% | 30,984 | 29,744 | 4.2% | ||||||||
Load Factor4 | 78.9% | 81.0% | -2.1pp | 82.2% | 83.2% | -1pp |
*Numbers are adjusted for hardblock space operation
1PAX: Passengers carried
2ASKs: Available Seat Kilometers
3RPKs: Revenue Passenger Kilometers
4Load Factor:Represents utilized seating capacity
Avianca Holdings S.A.
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
Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) comprises the airlines: Aerovías del Continente Americano S.A. Avianca (Avianca), Tampa Cargo S.AS., incorporated in Colombia, Aerolíneas Galápagos S.A. - Aerogal, incorporated in Ecuador, and the TACA Group companies: TACA International Airlines S.A., incorporated in El Salvador, Líneas Aéreas 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.
Investor Relations Office
+571 587 77 00 ext, 2474, 1349
ir@avianca,com
SIGNATURES
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 29, 2019
AVIANCA HOLDINGS S.A.
By:/s/ Richard Galindo
Name: | Richard Galindo |
Title: | General Secretary |