AVIANCA HOLDINGS REPORTS JANUARY 2013 TRAFFIC STATISTICS FOR ITS AIRLINES

The number of passengers carried on domestic and international routes reached more than 2.1 million travelers, increasing 2.4% over January 2013

On domestic routes within Colombia, Ecuador and Peru, the number of passengers increased by 4.1% from the same month last year

In January, the subsidiary companies of Avianca Holdings transported 2,167,071 passengers, up 2.4% compared to January 2013. Capacity, measured in ASKs (available seat kilometers), increased 4.6% while passenger traffic, measured in RPKs (passenger revenue per kilometer flown), increased 1.7%. The load factor for the month was 81.2%, 20 basis points above our estimated outlook for 2014.

Domestic markets in Colombia, Peru and Ecuador
In January, the subsidiary airlines of Avianca Holdings transported within these markets transported a total of 1,237,636 travelers, up 4.1% compared to January 2013. Capacity (ASKs) increased 8.8%, while passenger traffic (RPKs) increased 4.9%, and the load factor was 77.3%.

International markets
In January, the affiliated airlines of Avianca Holdings transported 929,435 passengers on international routes. Capacity (ASKs) increased 3.5% while passenger traffic (RPKs) grew about 0.9%, and the load factor was 82.2%.