- published: 14 Jan 2015
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Avianca S.A. (BVC:AVA) (acronym in Spanish for Aerovías Nacionales de Colombia S.A., currently Aerovías del Continente Americano S.A.) is the flag carrier airline of Colombia since December 5, 1919 when it was initially registered under the name SCADTA. It is headquartered in Bogotá, D.C. with its hub at the El Dorado International Airport. Avianca is the largest airline in Colombia and a major one in Latin America: Avianca together with its subsidiaries has the most extended network of (both passenger and cargo) destinations in the Americas and one of the largest and most modern aircraft fleet in the continent. It is wholly owned by AviancaTACA S.A., a Latin American holding company established in Panamá and specializing in air transport. The company is listed in the Colombia Stock Exchange.
On October 7, 2009, it was announced that Avianca would merge with TACA but both airlines have stated that each will maintain their own identity and operate separately for the moment. In 2009 Avianca turned 90 (years) making it the second world's oldest airline still in operation; It is actually the oldest continuously operating airline in the Western Hemisphere.