Bogotá D.C., April 23, 2019
MATERIAL INFORMATION
Avianca Holdings
S.A. (the Company) informs that its subsidiaries Grupo Taca Holdings Limited (GTH) and Nicaragüense de Aviación S.A. (NICA) today entered into an agreement (the Agreement) to sell all of
GTHs shares in Turboprop Leasing Company Ltd. (Turbo) and all of NICAs shares in Aerotaxis La Costeña S.A. (La Costeña) to Regional Airline Holding LLC (Regional), a Delaware limited
liability company. Current minority shareholders of Regional acted as guarantors of the obligations of Regional.
GTH currently owns 68% of the shares of
Turbo (Bahamas), which, in turn, owns 100% of the shares of Little Plane Six Limited (Bahamas) and Servicios Aéreos Nacionales S.A. (Costa Rica). NICA owns 68.08% of the shares of La Costeña.
The closing of the sale contemplated in the Agreement is subject to satisfaction of certain conditions.
For further information please contact:
Avianca Investor
Relations
+
571-5877700
ext. 2474, 1349
ir@avianca.com
ABOUT AVIANCA HOLDINGS S.A.
The terms Avianca Holdings or the Company refer to the consolidated entity. The original source-language text of this announcement is
the official, authoritative version, Translations are provided as an accommodation only, and should be cross-referenced with the source-language text, which is the only version of the text intended to have legal effect.
Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) is comprised of the following airlines: Aerovías del Continente Americano S.A.Avianca, Tampa Cargo
S.A., incorporated in Colombia, Aerolineas Galapagos S.A.Aerogal, incorporated in Ecuador, and the TACA Group companies: TACA International Airlines S.A., incorporated in El Salvador, Lineas Aereas Costarricenses S.A.LACSA, incorporated
in Costa Rica, Avianca Perú S.A., incorporated in Perú, Servicios Aéreos Nacionales S.A.SANSA, incorporated in Costa Rica, Aerotaxis La Costeña S.A., incorporated in Nicaragua, and Isleña de Inversiones S.A.
de C.V.ISLEÑA, incorporated in Honduras.
+571 587 77 00 2474, 1349
ir@avianca.com