Avianca Group International (AVIANCA) Corporate Presentation summary

Market leadership and network

• Holds leading seat share in Colombia, Central America, and Ecuador, with #1 position at Bogotá’s El Dorado Airport and strong presence in Latin America’s busiest airports.

• Operates a geographically diversified network with 169 routes to 82 destinations, balancing hub and point-to-point models and increasing aircraft utilization by 19% since 2019.

• Core markets benefit from robust GDP per capita growth, a growing middle class, and increasing air travel demand, with air travel still underpenetrated compared to developed markets.

Cost structure and operational excellence

• Achieved a sustainable lower cost profile through fleet simplification, increased seat density, and productivity improvements, reducing passenger CASK ex-fuel by 37% since 2019.

• Maintains a cost advantage over Latin American and US legacy peers, with 1Q’25 LTM CASK ex-fuel at 3.9¢, 18% lower than regional peers.

• Delivers industry-leading operational metrics, including on-time performance above 82% and mishandled baggage rates well below industry averages.

Customer value proposition and ancillary growth

• Offers customizable cabin experiences, expanded business class on narrow- and wide-body routes, and a robust buy-on-board program.

• Ancillary revenue now represents 28–31% of ticket revenue, up from less than 5% in 2019, driven by fare unbundling and new product offerings.

• Loyalty program LifeMiles has over 14 million members, 530,000+ co-branded cards, and strong partnerships, generating 13% of Colombia’s 2024 credit card payment volume.