In 2020, depreciation and amortization accounted for nearly 23 percent of Avianca's operating expenses, similar to what was reported by one of its major competitors, LATAM. Salaries and employees benefits represented the second largest expense of the Panama-based company, with a share of 16.7 percent.
Distribution of the operating expenses of Avianca Holdings S.A. in 2020, by category
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Statista. (April 24, 2021). Distribution of the operating expenses of Avianca Holdings S.A. in 2020, by category [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/755053/operating-expenses-type-avianca/
Statista. "Distribution of the operating expenses of Avianca Holdings S.A. in 2020, by category." Chart. April 24, 2021. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/755053/operating-expenses-type-avianca/
Statista. (2021). Distribution of the operating expenses of Avianca Holdings S.A. in 2020, by category. Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/755053/operating-expenses-type-avianca/
Statista. "Distribution of The Operating Expenses of Avianca Holdings S.A. in 2020, by Category." Statista, Statista Inc., 24 Apr 2021, https://www.statista.com/statistics/755053/operating-expenses-type-avianca/
Statista, Distribution of the operating expenses of Avianca Holdings S.A. in 2020, by category Statista, https://www.statista.com/statistics/755053/operating-expenses-type-avianca/ (last visited November 12, 2024)
Distribution of the operating expenses of Avianca Holdings S.A. in 2020, by category [Graph], Statista, April 24, 2021. [Online]. Available: https://www.statista.com/statistics/755053/operating-expenses-type-avianca/
