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Q&A: Fabio Villegas, Avianca

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Avianca and TACA are aiming for more business by creating more hubs and using larger planes.

BY JOHN OTIS

BOGOTA -- Earlier this year Colombia-based Avianca and El Salvador-based Grupo TACA formally completed a “strategic merger” to create one of the largest airline companies in Latin America.

Avianca and TACA remain separate operating entities but now share 129 aircraft and 12,000 employees while the combined company projects $3 billion in revenue for 2010. Avianca-TACA will fly to 75 destinations in Latin America and more than 100 cities globally.

Latin Business Chronicle recently sat down with Fabio Villegas, the president of Avianca and CEO of the new Bahamas-based parent company Avianca-TACA Limited to talk about the merger and the turnaround of the once-bankrupt Colombian carrier.

Latin Business Chronicle: Why did the two companies merge?

Villegas: Often two airlines merge when they’re...



Keywords: Bogota, Chicago, LAN, Lima, Los Angeles, San Francisco, San Jose, San Salvador

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