Avianca Holdings is streamlining its operations and selling off certain assets due to its on-going reorganization.
The group announced the plan to retire its former TACA Embraer 190 fleet which never adopted the Avianca brand.
Avianca (El Salvador) (formerly TACA), as planned, has now phased out its last Embraer 190. The pictured N936TA operated the last revenue flight for the type as flight TAI 316 on July 1, 2019 from Panama City to the San Salvador base.
Avianca (El Salvador) operates between El Salvador and the following destinations:
- Ciudad de Guatemala
- Ciudad de México
- Ciudad de Panamá
- La Habana
- San José de Costa Rica
- San Pedro de Sula
Avianca Holdings S.A., previously announced on June 4, through its subordinates Grupo Taca Holdings Limited and Nicaraguense de Aviacion S.A., it closed the sale of its shares in Turboprop Leasing Company Ltd., parent company of the Costa Rican airline Servicios Aéreos Nacionales S.A (SANSA) and in Nicaraguan airline Aerotaxis La Costeña S.A (La Costeña). These airlines operate domestic flights in Costa Rica and Nicaragua, respectively.
The buyer is Regional Airlines Holding LLC., domiciled in Delaware, USA. The transaction was closed on May 31, 2019 by perfecting the contract for the purchase and sale of shares entered into on April 22 between the parties.
This transaction occurs within the framework of the Holding’s new corporate strategy aimed at strengthening its international passenger transportation segment, as well as focusing on the loyalty (LifeMiles) and cargo transportation (Avianca Cargo) business units.
It is important to note that with this transaction, thirteen Cessna 208 and two ATR 42 aircraft will no longer be part of Avianca Holdings’ fleet, in line with the company’s fleet simplification strategy.
In Costa Rica, the Holding has its own airline (Avianca Costa Rica S.A.), operating direct flights to the company’s three hubs: (San Salvador, Bogota and Lima); as well as the Guatemala City and Panama City. Likewise, flights to destinations in Canada, Chile, Ecuador, the United States and Mexico are operated with Costa Rican crews.
Top Copyright Photo: TACA International Embraer ERJ 190-100 IGW N936TA (msn 19000215) MIA (Brian McDonough). Image: 908637.