AVHOQ: effective Dec. 27,2021 ADR program will be terminated. FINRA will delete the symbol.

https://otce.finra.org/otce/dailyList?viewType=Deletions

If avianca says it's worthless why is it trading?

Getting ready for lift off !!

Avianca hasn't returned to prepandemic price, buy?

https://aviancawillkeeponflying.com/

https://aviancawillkeeponflying.com/

Trading now.
Avhoq in Ameritrade

Any word on some type of update on what's happening moving forward?

Dear AVH customer,

Because our relationship with you is important, I wanted to reach out directly to let you know about the actions Avianca is taking to make sure we have the financial strength we need to continue serving you well into the future.

Today, Avianca voluntarily filed for reorganization proceedings under Chapter 1?1 of the United States Bankruptcy Code. We did so to protect our business as we continue to navigate the effects of the COVID-19 pandemic as well as comprehensively address our debt and other commitments. We considered many other possibilities before determining that a reorganization made possible by the Chapter 1?1 process is the best path forward to protect the essential air travel services that we provide across Colombia and important locations throughout South America, Central America, North America and Europe.

Avianca has flown the skies for more than 10?0 years, and we are committed to our purpose to connect people, families and businesses. We look forward to returning to the skies and helping you and your organization safely travel across Latin America and the world.

Here is what you need to know:

Avianca will continue to operate through this process, and Avianca will return to the skies and continue to fly once COVID-?19 travel restrictions are gradually lifted.

Customers’ safety and well-being remain a top priority for us today and moving forward. Customers can be confident that they can continue to depend on Avianca for safe, reliable air travel and high-quality service. To that end, Avianca has implemented a number of measures to ensure the safety and well-being of our employees and customers. Additional information on the steps Avianca has taken can be found here.

Customers can expect to continue to arrange travel and fly with Avianca in the same way they always have. We plan to honor all customer programs throughout this process.

• Customers will be able to use tickets, vouchers, travel coupons, gift cards and any additional travel services purchased before we initiated this process.

• Additional frequent flyer benefits remain active, including access to VIP Lounges, priority check-in, upgrades and other benefits.

• Given the impact COVID-?19 has had on travel plans, we will continue with our Flexibility Policy. Subject to government policies, we expect to continue to allow changes free of penalty and fare difference charges for previously booked tickets and/or newly purchased as long as the original and changed flights are until Oc?tob?er 3?1, 20?20. All customers who have booked travel or will purchase flights during this period can be confident they can rely on Avianca for their travels.

• The LifeMiles™ program is administered by a separate company and is NOT part of Avianca’s Chapter 1?1 filing.

• Avianca customers will continue to accrue miles when they fly with Avianca, and can continue to redeem miles earned through LifeMiles™ to purchase tickets with Avianca during this process. Tickets purchased through redemption of LifeMiles™ miles will continue to be exempt from penalty fees until Oc?to?ber 20?20.

We are proud of our 100?-year legacy, and look forward to continuing to serve you. Thank you for your continued loyalty.

More information

Be safe, be well and we will see you in the skies soon. #AviancaWillKeepOnFlying

Sincerely,


Anko Van Der Werff
Firman

For what it’s worth I picked up some today under a buck. Looking long-term obviously

News: $AVH Avianca Holdings Advances In The Final Phase Of The Bond Exchange Offer

BOGOTÁ, Colombia , Sept. 26, 2019 /PRNewswire/ --   Avianca Holdings S.A. (the "Company" or "Avianca") (NYSE: AVH, BVC: PFAVH) announced today that the deadline for the exchange offer of its US$ 550 million bonds due May 2020 has been further extended to October 10, 2019 f...

In case you are interested AVH - Avianca Holdings Advances In The Final Phase Of The Bond Exchange Offer

News: $AVH Avianca Holdings Successfully Achieves 86.4% Participation In Its Exchange Offer

BOGOTA, Colombia , Sept. 12, 2019 /PRNewswire/ -- Avianca Holdings S.A. (the "Company" or "Avianca") (NYSE: AVH, BVC: PFAVH) announced today that 86.4% of the outstanding principal of its US$ 550 million bonds due May 2020 had been validly tendered as of midnight on September 11...

Got this from AVH - Avianca Holdings Successfully Achieves 86.4% Participation In Its Exchange Offer

* * $AVH Video Chart 05-24-2019 * *

Link to Video - click here to watch the technical chart video

Not me, but I do think this can go higher for even in the short term. I'm now in this long term & will hold out for more.

Any one here anything got some massive cash tied up in this buyout!

Rumor by out by Delta. Heard it on Bloomberg radio

Avianca Holdings SA: 8/19/2016 – Avianca Holdings Reports Operating Profit of $37.6 Million

Tickers: AVH
Bogota, August 19, 2016
. Between April and June 2016 Avianca Holdings S.A. reached an operating income (EBIT1) of $37.6 million, posting an operating margin of 3.9%, a 341 bps increase over the same quarter of last year. Furthermore operating revenues amounted to $966.2 million. Despite seasonality and a traditionally weak second quarter for airlines in the region, Avianca's results proved to be strong, obtaining the best second quarter in terms of EBITDAR margin over the last three years. The latter was mainly driven by the cost saving and network optimization initiatives, stronger domestic markets and robust traffic numbers in Avianca's key markets such as South America, the Caribbean and Europe. As such, during June 2016, routes to Europe reached an average consolidated load factor of 92.8%.
As part of our network optimization process, the Company continues to selectively grow in specific high potential markets. Accordingly, Avianca is the first airline to launch an international direct service to Cuzco, with 3 weekly frequencies from our Bogota Hub. Furthermore, over the second quarter of 2016 and in line with the optimization strategy, Avianca transported more than seven million passengers and maintained a stable load factor of 78.1%.
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During the quarter, our loyalty program LifeMiles, continued to expand as the cobranded credit card base grew 25.5%, reaching 485,000 credit cards by quarter end. Furthermore the program ended with more than 6.7 million members, which represents a 9.3% increase over the same quarter of 2015.
As a result of the cost saving initiatives and lower oil prices total operating costs1 dropped 12.1%. In line with this, cost per available seat kilometer (CASK1) decreased 18.1% to 8.02 cents, while CASK ex-fuel1 declined 12.3% to 6.37 cents.
Total operating revenues declined 10.7% as a result of a 16.1% yield dilution which was partially offset by a 6.5% increase in passenger traffic (RPK´s)
The quarter ended with an EBITDAR1 of $178.4 million, while EBITDAR margin1 reached 18.5%, a 528 basis points increase when compared to the same period of 2015. Adjusted Net income1, excluding special items totaled -$4.0 million and adjusted net income margin reached -0.4%, an increase of 192bps over 2Q2015. As such, Avianca Holdings S.A. reaffirms its 2016 EBIT margin guidance between 5.5% and 7.5%.
In line with the Company's fleet plan, between April and June 2016, the Company took delivery of one Airbus A320S (equipped with sharklets), while phasing out five aircraft: three Airbus A319 and two Embraer E190. Avianca Holdings S.A. and its subsidiaries ended the quarter with a consolidated operating fleet of 174 aircraft.

Aye, but they could be. Anything is for sale at the right price & Avianca is a pretty good value in my opinion.

Avianca not for sale

http://www.reportur.com/colombia/2016/06/10/efromovich-avianca-abierta-a-oportunidades-de-cooperacion/

According to the report, both United Continental (NYSE:UAL) and Delta Air Lines (NYSE:DAL) are among the companies considering bidding for Avianca. It is reportedly seeking a $500 million capital injection, but a full sale is not off the table, according to one of the people involved.

Avianca is large enough to move the needle for major airlines like United and Delta. The company recorded $4.36 billion of revenue in 2015, making it about 11.5% the size of United and 10.7% that of Delta. Shares of Avianca have plunged over the past few years, with the stock down about 63% since it went public in 2013, excluding today's gains. The slumping stock price may be enticing larger airlines to make a deal at a lower price than would

l Street Journal reported Thursday afternoon that United Continental (UAL) and Delta Air Lines (DAL) are among the companies interested in a

Avianca has been exploring strategic options that include selling all or a significant stake in the company, people familiar with the matter told Bloomberg.

The Wall Street Journal earlier reported Avianca was working with a financial advisor and had sent letters to potential bidders seeking to raise around $500 million, the newspaper said, citing sources it did not identify.

The company operates a fleet of about 180 planes flying to 105 destinations in 28 countries. Avianca said last month it was cutting deliveries from Airbus by $1.4 billion over the next 30 months as part of efforts to reduce debt.

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IPO starts today!