Category Archives: Grupo TACA

Grupo TACA to fly Miami-Lima starting on December 1

TACA (Grupo TACA) (San Salvador) will launch the daily Miami-Lima route on December 1.

Copyright Photo: Bruce Drum. Please click on the photo for further background information.

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Avianca and TACA create a new joint venture

Avianca (Bogota) and TACA (Grupo TACA) (San Salvador) have closed their new shareholders agreement. After completing the required regulatory and antitrust approvals to create the new joint venture, announced in October 2009, Synergy Aerospace Corp., majority shareholder of Avianca, and Kingsland Holding Limited, owner of Grupo TACA, announced they have closed their agreement to officially start its strategic integration.

This agreement allows the shareholders to contribute their investments in Avianca and Grupo TACA into a new company which will be named “AVIANCA-TACA Limited” based in the Bahamas, in which Synergy Aerospace Corporation will own 67 percent and Kingsland Holding Limited the other 33 percent.

Grupo TACA includes TACA International, and its share in LACSA, TACA Peru, AVIATECA, SANSA, La Costena, Aeroperlas and Islena Airlines. AVIANCA includes: Avianca, SAM and TAMPA, as well as the purchase option that Grupo Synergy has in AeroGal in Ecuador and OceanAir in Brazil.



US Airways to defer 54 Airbus deliveries

 

Please click on AG icon for a direct link to the US Airways photo gallery.

US Airways (Phoenix) will defer the delivery of 54 Airbus aircraft from the 2010-2012 period to 2013 and beyond. The A350 XWB first delivery will be deferred from 2015 to 2017.

 

News link:

www.reuters.com/article/marketsNews/idCNN2429627720091124?rpc=44

In other news, US Airways and Grupo TACA will begin a new code-share agreement on January 12, 2010.

Press release:

finance.yahoo.com/news/US-Airways-Expands-Central-bw-819666487.html?x=0&.v=1

TACA and Avianca to merge under one company

Copyright Photo: Brian McDonough.  Please click on photo for full view, information and other photos.

Copyright Photo: Brian McDonough. Please click on photo for full view, information and other photos.

Copyright Photo: Bruce Drum.  Please click on photo for full view, information and other photos.

Copyright Photo: Bruce Drum. Please click on photo for full view, information and other photos.

Grupo TACA (TACA International) (Transportes Aereos del Continente Americano) (San Salvador) and Avianca (Aerovias del Continente Americano) (Bogota) and all of the subsidiary airlines within the two groups will be merged into one single holding company. The Avianca owners (National Federation of Colombia Coffee Growers and the Synergy Group) will control two-thirds of the new holding company. The Grupo TACA owners will control the remaining one-third of the shares of the new holding company. All airlines will retain their independent brands (however Avianca was consolidating its brands) but each will become subsidiaries of the new holding company.

News link:

www.reuters.com/article/marketsNews/idINN0748094020091007?rpc=44