06-Apr-2011 3:56 PM
Avianca-TACA enjoys profitable first year as merged entity
Analysis
Avianca-TACA is confident of a successful debut on the Colombian stock exchange after a profitable first year as Latin America's fourth largest airline group. Colombia-based Avianca and El Salvador-based TACA completed their historic merger in early 2010, creating the fourth largest airline group in Latin America after LAN, TAM and Gol.
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