Avianca looks toward a promising 2015 after network adjustments spurred by Venezuela pull-down

After somewhat quickly redeploying capacity out of Venezuela in 2014, Avianca Holdings seems positioned to execute a solid performance in 2015 as a result of having less exposure to troubled economies in Latin America than some of its competitors.

Similar to other airlines with significant exposure to Venezuela, Avianca has opted to redeploy capacity into the Caribbean and domestic routes within the Avianca Holdings network that includes Central America. The airline also plans to expand long-haul offerings in 2015 with the resumption of service between Bogota and Los Angeles and additional frequencies from Bogota to London Heathrow.

Avianca will spend much of 2015 maturing the capacity redeployed in 2014 from Venezuela to other markets. But with the transition now complete, Avianca can now focus on leveraging its strong network in Central and South America and taking advantage of its leading position in some of the stronger economies within those regions.