Avianca Holdings has announced that Hernán Rincón Lema will to retire from the company effective after three years serving as its chief executive officer (CEO). Rincón’s announcement follows in line with the company’s ongoing long-term strategic and organisational development program, as part of a planned transition. German Efromovich, Avianca’s chairman of the board, said: “We thank Hernán for his numerous important contributions to Avianca Holdings over the past three years, notably leading Avianca’s successful joint venture agreement with United Airlines, which was transformational for the Company. “Hernán is interested in pursuing other strategic opportunities, having successfully ushered Avianca into its

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