With a deficit of 1.3 billion U.S. dollars in 2020, the value of Avianca's assets minus its liabilities fell into negative territory for the first time since 2014. In the last two years, Avianca also registered net losses of at least 890 million U.S. dollars. In May 2020, the holding group filed for bankruptcy under chapter 11 at the United States Securities and Exchange Commission.
Equity of Avianca Holdings S.A. from 2014 to 2020
(in million U.S. dollars)
Characteristic
Equity in million U.S. dollars
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Avianca. (May 3, 2021). Equity of Avianca Holdings S.A. from 2014 to 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1233571/equity-avianca/
Avianca. "Equity of Avianca Holdings S.A. from 2014 to 2020 (in million U.S. dollars)." Chart. May 3, 2021. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1233571/equity-avianca/
Avianca. (2021). Equity of Avianca Holdings S.A. from 2014 to 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1233571/equity-avianca/
Avianca. "Equity of Avianca Holdings S.A. from 2014 to 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 3 May 2021, https://www.statista.com/statistics/1233571/equity-avianca/
Avianca, Equity of Avianca Holdings S.A. from 2014 to 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1233571/equity-avianca/ (last visited July 03, 2024)
Equity of Avianca Holdings S.A. from 2014 to 2020 (in million U.S. dollars) [Graph], Avianca, May 3, 2021. [Online]. Available: https://www.statista.com/statistics/1233571/equity-avianca/