Company data sheet · Avianca Holdings
Avianca Holdings: three lost years, and the economy wasn't the reason.
- Industry
- Air Transportation, Scheduled
- Headquarters
- Colombia
- Sources
- SEC filings (2013–2022), Stratrix's verified Decision Cases, market data and official economic statistics for Colombia
- Data as of
- October 18, 2026
- From profit to three straight losses. Avianca Holdings earned $0.1 billion in 2016–2017. Then it lost money every year from 2018 to 2020: $2 billion in all.
- It wasn't the cycle. The losses began in 2018, a year Colombia economy grew 2.6%. When a company falls while its economy grows, look inside the company first.
- Left behind by its peers. From 2016 to 2020, its revenue shrank 59% in US dollars; the median among 275 large transportation and utility companies grew 6%. It outgrew only 4% of them.
- Still smaller than it was. Revenue reached $1.7 billion in 2020, 65% below its 2018 peak of $4.9 billion.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | $4.1 billion | $0 billion | |
| 2017 | $4.4 billion | $0 billion | |
| 2018 | $4.9 billion | −$0 billion | |
| 2019 | $4.6 billion | −$0.9 billion | |
| 2020 | $1.7 billion | −$1.1 billion |
As reported in its annual filings. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Economic context: 6 measures for Colombia, every year since 2016, from the official sources.
- Peer comparison: against 404 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
The full data sheet downloads with the Data Plan. To see exactly what you get first, open the Boeing sample PDF or Excel.