AviancaTaca is making rapid progress in integration following its 2010 merger. While new processes and management teams are put in place, the airline group is also preparing for its entry into Star Alliance in May 2012. “We are doing well, but there is still a lot to do,” AviancaTaca CEO Fabio Villegas tells Aviation Week. The group has set a target of $220 million in annual synergies. “Most of this will come from [realignments]. Cost reduction is not the main focus,” he adds. One key, ...

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