Avianca Snapshot
Passenger airline Aerovías Nacionales del Continente Americano, known as Avianca, has moved beyond its base in Colombia to cover more of its home region and the world. The airline flies to about 40 destinations, half in Colombia and half in other countries (mainly in the Americas but also in Europe.) It operates a fleet of about 55 Boeing and Airbus aircraft. Avianca also operates air cargo service Tampa Cargo. Founded in 1919, Avianca is one of the oldest airlines in the world. Brazil-based conglomerate Synergy Group, led by oil magnate German Efromovich, owns a controlling stake in Avianca. In February 2010 Avianca and El Salvador-based carrier TACA formed a new joint holding company, which Avianca controls.