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Avianca reports $66.78 million operating loss for February period
By Sarah Lizee
Olympia, Wash., April 19 – Avianca Holdings SA reported a $66.78 million operating loss on $112.14 million of total operating revenues for February, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.
The net loss for the period was $101.17 million.
The company listed $916.09 million of cash and cash equivalents as of Feb. 28.
Avianca is a Bogota, Colombia-based airline holding company that filed bankruptcy on May 10, 2020. The Chapter 11 case number is 20-11133.
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