Avianca to withdraw Embraer E190s

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Avianca to withdraw Embraer E190s

Postby Greg on Mon Feb 25, 2019 2:41 pm

Avianca Holdings has announced it will phase out its Embraer (EMB, São José dos Campos) fleet as part of its six-pillar restructuring plan.

The carrier said in a 4Q18 earnings report that with the retirement of ten E190s, it would take a one-time, non-cash impairment charge of USD38.9 million, representing the aircraft's overall estimated residual value. Eight of the jets are currently in service for Avianca (AV, Bogotá) of which seven are operated by TACA International Airlines (TA, San Salvador Int'l) while one is operated by Avianca Costa Rica. The remaining pair are leased out to Aerolitoral (5D, Monterrey General Mariano Escobedo).

CH Aviation

It will be interesting to see what aircraft replaces these on the DFW-SAL route.
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