Airline

Avianca posts record second quarter EBITDAR despite dip in load factor and traffic

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Avianca posts record second quarter EBITDAR despite dip in load factor and traffic

Avianca has reported a record second-quarter EBITDAR of $355 million, up 60.6% from a year earlier, as cost control and network optimisation efforts offset a decline in load factor and passenger volumes.The Colombian airline posted a 25.5% EBITDAR margin, its highest for a comparable quarter, as tot...

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