AVIANCA HOLDINGS AND ITS SUBSIDIARIES CARRIED CLOSE TO 2.3 MILLION PASSENGERS

In October, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) (*) transported 2,278,973 passengers, up 9.6% compared to October 2013. Capacity, measured in ASKs (available seat kilometers), increased 8.2%, while passenger traffic, measured in RPKs (revenue passenger kilometers), increased 6.7%.  The load factor for the month was 79.2%.

  

Domestic markets in Colombia, Peru and Ecuador

In October, the subsidiary airlines of Avianca Holdings transported within these markets a total of 1,420,217 travelers, up 15.2% compared to October 2013. Capacity (ASKs) increased 16.5%, while passenger traffic (RPKs) increased 12.5%.  As a result, the load factor for the month was 76.9%.

International markets

In October, the affiliated airlines of Avianca Holdings transported 858,756 passengers on international routes, up 1.5% compared to October 2013.  Capacity (ASKs) increased 5.9%, while passenger traffic (RPKs) increased 5.1%.  The load factor for the month was 79.8%.

Operational Statistics	Oct-14	Oct-13	Δ YOY	YTD 2014	YTD 2013	Δ YOY
Avianca Holdings (Consolidated)
PAX (K)1	2,279	2,079	9.6%	21,600	20,376	6.0%
ASK (mm)2	3,471	3,210	8.2%	33,937	32,135	5.6%
RPK (mm)3	2,748	2,576	6.7%	26,928	25,823	4.3%
Load Factor 4	79.2%	80.2%	-1.0 pp	79.3%	80.4%	-1.1 pp
Domestic Market
PAX (K)1	1,420	1,232	15.2%	12,831	11,836	8.4%
ASK (mm)2	791	679	16.5%	7,261	6,711	8.2%
RPK (mm)3	609	541	12.5%	5,584	5,179	7.8%
Load Factor 4	76.9%	79.7%	-2.8 pp	76.9%	77.2%	-0.3 pp
International Market
PAX (K)1	859	846	1.5%	8,768	8,540	2.7%
ASK (mm)2	2,680	2,531	5.9%	26,676	25,424	4.9%
RPK (mm)3	2,139	2,035	5.1%	21,344	20,645	3.4%
Load Factor 4	79.8%	80.4%	-0.6 pp	80.0%	81.2%	-1.2 pp

¹Pax: Passengers carried

²ASKs: Available Seat Kilometers

³RPKs: Revenue Passenger Kilometers

⁴Load Factor: Represents utilized seating capacity