Avianca CEO aims to cut fleet while increasing capacity

    Avianca CEO Adrian Neuhauser stated the carrier aims to reduce the size of its fleet by 15% by the middle or end of 2022, while simultaneously increasing capacity by 15% (El Espectador, 02-Jun-2021). Mr Neuhauser said the changes will allow the carrier to compete with low cost carriers by offering lower prices with added value such as accumulation of miles, larger seats and access to lounges. The changes are part of Avianca‘s strategy to reach solvency and exit Chapter 11 bankruptcy.

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