Avianca Group International (AVIANCA) Corporate Presentation summary

Market leadership and network

• Holds leading seat share in core markets of Colombia, Central America, and Ecuador, with a dominant position at Bogota’s El Dorado Airport and a diversified, expansive route network across 83 destinations and 172 routes as of Q2 2025.

• Operates a profitable mix of hub and point-to-point routes, with increased aircraft utilization and ongoing network optimization, including new international routes and capacity adjustments.

Cost structure and operational efficiency

• Achieved a sustainable lower cost profile through strategic initiatives such as fleet simplification, cabin reconfiguration, and productivity improvements, resulting in a 37% reduction in passenger CASK ex-fuel since 2019.

• Maintains a passenger CASK ex-fuel of 3.9¢, significantly lower than Latin American and U.S. legacy peers, supporting competitive advantage and profitability.

• Demonstrates strong operational performance with on-time performance above 84%, schedule completion near 99%, and mishandled baggage rates well below industry average.

Value proposition and customer engagement

• Offers customizable cabin experiences, premium services in wide-body cabins, and a robust loyalty program (LifeMiles) with growing third-party partnerships and billings.

• Ancillary revenues have grown from less than 5% to nearly 30% of ticket revenue since 2019, driven by fare unbundling and expanded service offerings.