In June 2014, Avianca Holdings And Its Subsidiaries Carried More Than 2 Million Passengers

In June, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) (*) transported 2,120,689 passengers, up 4.9% compared to June 2013. Capacity, measured in ASKs (available seat kilometers), increased by 4.2%, while passenger traffic, measured in RPKs (revenue passenger kilometers), increased 3.1%. The load factor for the month was 79.9%.

Domestic markets in Colombia, Peru and Ecuador

In June, the subsidiary airlines of Avianca Holdings transported within these markets a total of 1,246,323 travelers, up 5.4% compared to June 2013. Capacity (ASKs) increased 3.0%, while passenger traffic (RPKs) increased 3.6%. As a result, the load factor increased to 77.9%.

International markets

In June, the affiliated airlines of Avianca Holdings transported 874,366 passengers on international routes, up 4.3% compared to June 2013. Capacity (ASKs) increased 4.5%, while passenger traffic (RPKs) grew about 3.0%. The load factor for the month was 80.4%.

Operational ResultsJun-14Jun-13Δ YOY2Q 20142Q 2013Δ YOYYTD 2014YTD 2013Δ YOY

Avianca Holdings (Consolidated)
PAX (K)1 2,121 2,021 4.9% 6,279 5,931 5.9% 12,468 11,924 4.6%
ASK (mm)2 3,328 3,195 4.2% 9,922 9,506 4.4% 19,783 18,858 4.9%
RPK(mm)3 2,659 2,578 3.1% 7,756 7,435 4.3% 15,491 14,995 3.3%
Load Factor4 79.9% 80.7% -0.8 p.p. 78.2% 78.2% 0 p.p. 78.3% 79.5% -1.2 p.p.
Domestic Market
PAX (K)1 1,246 1,182 5.4% 3,755 3,487 7.7% 7,375 6,935 6.3%
ASK (mm)2 686 666 3.0% 2,123 2,008 5.7% 4,186 3,948 6.1%
RPK(mm)3 534 516 3.6% 1,628 1,511 7.8% 3,222 3,024 6.6%
Load Factor4 77.9% 77.4% 0.5 p.p. 76.7% 75.3% 1.4 p.p. 77.0% 76.6% 0.4 p.p.%
International Market
PAX (K)1 874 839 4.3% 2,524 2,444 3.3% 5,093 4,989 2.1%
ASK (mm)2 2,642 2,528 4.5% 7,799 7,499 4.0% 15,597 14,910 4.6%
RPK(mm)3 2,124 2,062 3.0% 6,128 5,924 3.4% 12,268 11,971 2.5%
Load Factor4 80.4% 81.6% -1.29.p. 78.6% 79.0% -0.4 p.p. 78.7% 80.3% -1.6 p.p.

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 SA incorporated in Colombia, Aerolineas Galapagos SA Aerogal incorporated in Ecuador, and the TACA Group companies: TACA International Airlines SA, incorporated in El Salvador, Lineas Aereas Costarricenses SA, LACSA, incorporated in Costa Rica, Transamérican Airlines SA TACA Perú, incorporated in Perú, Servicios Aéreos Nacionales SA, SANSA, incorporated in Costa Rica, Aerotaxis La Costeña SA, incorporated in Nicaragua and Isleña de Inversiones SA de CV ISLEÑA, incorporated in Honduras.

Contacts:

Avianca Holdings S.A.
Communications and Corporate Affairs
Gilma Úsuga, (57+1) - 587 77 00 ext. 1660-1711
gilma.usuga@avianca.com; janeth.benitez@avianca.com
or
Claudia Arenas, (50+2) 2279-5700 (502) 2279-5600
claudia.arenas@avianca.com
Investor Relations
Andrés Felipe Ruíz Vesga, (57 +1) 587 77 00 ext. 2474
andres.ruiz@avianca.com

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