Avianca Airlines, Colombia's flag carrier, retained a market capitalization of approximately 50 million U.S. dollars as of January 2021. This figure is drastically low when compared to just four years earlier in 2017 where its market cap reached approximately 1.3 billion U.S. dollars. The COVID-19 pandemic had a massive impact on the airline's revenue streams; only around eight million passengers traveled with the airline in 2020, in contrast to the 30.5 million in the previous year.
Market capitalization of Avianca Holdings from 2016 to 2021
(in billion U.S. dollars)
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YCharts. (May 20, 2021). Market capitalization of Avianca Holdings from 2016 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1238437/avianca-market-capitalization/
YCharts. "Market capitalization of Avianca Holdings from 2016 to 2021 (in billion U.S. dollars)." Chart. May 20, 2021. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1238437/avianca-market-capitalization/
YCharts. (2021). Market capitalization of Avianca Holdings from 2016 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1238437/avianca-market-capitalization/
YCharts. "Market Capitalization of Avianca Holdings from 2016 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 20 May 2021, https://www.statista.com/statistics/1238437/avianca-market-capitalization/
YCharts, Market capitalization of Avianca Holdings from 2016 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1238437/avianca-market-capitalization/ (last visited November 23, 2024)
Market capitalization of Avianca Holdings from 2016 to 2021 (in billion U.S. dollars) [Graph], YCharts, May 20, 2021. [Online]. Available: https://www.statista.com/statistics/1238437/avianca-market-capitalization/
