Principal shareholders of avianca and controlling shareholder of gol to create abra group, a leading air transportation group across latin america

-- subject to customary regulatory approvals and closing conditions, abra will control avianca and gol and bring together their iconic brands under a single group -- -- through recent investments made by avianca's and viva's shareholders, abra group will also own a non-controlling 100% economic interest in viva's operations in colombia and peru as well as convertible debt representing a minority interest investment in chile's sky airline -- -- airlines will maintain independent brands, talent, teams, and culture while benefiting from greater efficiencies and investments under common aligned ownership -- -- customers to benefit from the best fares, access to more destinations, more frequent flights and seamless connections, and the ability to earn and use points across lifemiles and smiles, the brands' market-leading loyalty programs -- london , may 11, 2022 /prnewswire/ -- the principal shareholders of colombia's avianca and the controlling shareholder of brazil's gol have signed a landmark agreement to create a leading air transportation group across latin america under a holding company structure named abra group limited. subject to customary regulatory approvals and closing conditions, the abra group will control avianca and gol and bring together their iconic brands under a single holding.
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