Avianca Holdings And Its Subsidiaries Carried More Than 2.3 Million Passengers In December 2014

In December, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) (*) transported 2,387,627 passengers, up 10.6% compared to December 2013. Capacity, measured in ASKs (available seat kilometers), increased 7.0%, while passenger traffic, measured in RPKs (revenue passenger kilometers), increased 5.9%. The load factor for the month was 80.4%.

Domestic markets in Colombia, Peru and Ecuador

In December, the subsidiary airlines of Avianca Holdings transported within these markets a total of 1,430,836 travelers, up 16.6% compared to December 2013. Capacity (ASKs) increased 16.7%, while passenger traffic (RPKs) increased 13.7%. As a result, the load factor for the month was 77.0%.

International markets

In December, the affiliated airlines of Avianca Holdings transported 956,791 passengers on international routes, up 2.6% compared to December 2013. Capacity (ASKs) increased 4.6%, while passenger traffic (RPKs) increased 4.1%. The load factor for the month was 81.4%.

Operational StatisticsDec-14Dec-13Δ YOYYTD 2014YTD 2013Δ YOY
Avianca Holdings (Consolidated)
PAX (K)12,3882,15910.6%26,23024,6256.5%
ASK (mm)23,6833,4417.0%41,05238,7625.9%
RPK (mm)32,9632,7975.9%32,60231,1864.5%
Load Factor480.4%81.3%-0.9pp79.4%80.5%-1.1pp
Domestic Market
PAX (K)11,4311,22716.6%15,62914,2929.4%
ASK (mm)279167816.7%8,8208,0599.4%
RPK (mm)360953513.7%6,7806,2528.4%
Load Factor477.0%78.9%-1.9pp76.9%77.6%-0.7pp
International Market
PAX (K)19579322.6%10,60110,3332.6%
ASK (mm)22,8912,7634.6%32,23130,7025.0%
RPK (mm)32,3542,2614.1%25,82224,9343.6%
Load Factor 481.4%81.8%-0.4pp80.1%81.2%-1.1pp

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. 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
Andrés Felipe Ruíz Vesga, (57 +1) 587 77 00 ext. 2474
andres.ruiz@avianca.com

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