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Avianca Group Sells Assets in Central American Airlines |
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Monday, June 17, 2019
Bogotá.- The Avianca Holdings group announced the sales of assets in the Central American airlines Sansa, from Costa Rica, and La Costeña, from Nicaragua.
According to industry sources, the buyer is the Regional Airlines Holding LLC, which paid out approximately 15.5 million dollars in the operation.
After the transaction was completed, 13 Cessna 208 and two ATR 42 aircraft will no longer be part of Avianca Holdings' fleet, in order to comply with the actions to adjust the fleet.
Avianca Holdings closed an agreement with Airbus in March to postpone the acquisition of 35 A320neo planes and canceled the purchase of 17 aircraft from an initial order of 128.
The company is executing a program to optimize resources with initiatives such as the sales of non-strategic assets and the reduction of its fleet.
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