Avianca reverses losses with $44 million 2016 net profit

Credit: Rob Finlayson
Avianca Holdings posted a net profit of $44.2 million in 2016, reversing a $139.5 net loss the company reported in 2015. “Through steadfast focus on implementing our [business] plan, and the benefit of improved microeconomic tailwinds, 2016 was a strong year for Avianca,” Avianca CEO Hernán Rincón...

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