Alvaro Buitrago - Avianca Holdings CEO

CEO

Mr. Alvaro Jaramillo Buitrago serves as Independent Director of Avianca Holdings S.A
Age 66
Phone57 1 587 7700
Webhttp://www.aviancaholdings.com
Jaramillo began his career at Philadelphia National Bank in 1974, where he held various positions. In Colombia he has served as Chairman of Invercrédito, Avianca and Bancolombia. In 1997 he founded IQ Outsourcing SA, a company providing services that focus on Operations Management Processing using imagebased technology. He is currently a member of the Board of Universidad del Norte and the Boards of Casa Editorial El Tiempo S.A., GNC S.A. and the Corona Foundation. He holds a degree in Business Administration from the Universidad del Norte.

Avianca Holdings Management Efficiency

The company has Return on Asset of 0.45 % which means that on every $100 spent on assets, it made $0.45 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (179.22) %, meaning that it generated no profit with money invested by stockholders. Avianca Holdings' management efficiency ratios could be used to measure how well Avianca Holdings manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 4.86 B in debt. Avianca Holdings has a current ratio of 0.62, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Avianca Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Avianca Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Avianca Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avianca to invest in growth at high rates of return. When we think about Avianca Holdings' use of debt, we should always consider it together with cash and equity.

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Avianca Holdings S.A., through its subsidiaries, provides passenger and cargo air transportation services in the United States, Central America and the Caribbean, Colombia, rest of South America, and internationally. On May 10, 2020, Avianca Holdings S.A., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Avianca Holdings is traded on BATS Exchange in the United States. Avianca Holdings SA (AVH) is traded on New York Stock Exchange in USA and employs 15,704 people.

Management Performance

Avianca Holdings Leadership Team

Elected by the shareholders, the Avianca Holdings' board of directors comprises two types of representatives: Avianca Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avianca. The board's role is to monitor Avianca Holdings' management team and ensure that shareholders' interests are well served. Avianca Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Avianca Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Estuardo Ortiz, Chief Operations Officer and Executive Vice-Pres
Alvaro Buitrago, Interim CEO, Independent Director and Member of Financial Committee
Renato Covelo, Interim Chief Executive Officer, Senior Vice President, General Counsel, Secretary
Oscar Morales, Independent Director
Rafael Alonso, Director
Eduardo Asmar, Senior Vice President - Strategy and Network
James Leshaw, Independent Director
Andres Ruiz, IR Contact Officer
Santiago Heilbron, COO and Executive Vice-Pres
Hernan Lema, CEO
Diana Calixto, Senior Vice President - Administration and Procurement
Maria Duque, Senior Vice President - Strategic Relationships and Customer Experience
Ramiro Cossio, Independent Director
Matthew Vincett, Chief Executive Officer of LifeMiles B.V.
Jose Efromovich, Director
Juan Valencia, Independent Director
Luisa Lafaurie, Independent Director
Elisa Murgas, General Secretary, Vice-President of Legal Affairs
Rodrigo Salcedo, Independent Director
Silvia Gonzalez, Executive Vice President - Sales, Marketing and Revenue
German Efromovich, Chairman of the Board
Ana Rubio, Senior Vice President - Human Resources
Gerardo Lopez, CFO, Executive Vice President
Roberto Kriete, Director
Roberto Otero, Chief Financial Officer, Senior Vice President - Finance
Jose Quiros, Senior Vice President - Engineering and Maintenance
Eduardo Mendoza, Senior Vice-President of Security, Safety, Ethics and Compliance
Alexander Bialer, Director
Isaac Farbaiarz, Independent Director
Monica Smith, Director
James Leshow, Independent Director
Milton Barahona, Principal Accounting Officer and VP of Accounting Shared Services
Gustavo Cadavid, Senior Vice President - Customer Service
Raul Campos, Director
Miguel Montoya, Senior Vice President - Engineering and Maintenance
Luca Pfeifer, IR Contact Officer
Santiago Aldana, Senior Vice President - Digital and Technology

Avianca Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Avianca Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Avianca Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avianca Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avianca Holdings will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to AutoZone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AutoZone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AutoZone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AutoZone to buy it.
The correlation of AutoZone is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AutoZone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoZone moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AutoZone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Other Consideration for investing in Avianca Stock

If you are still planning to invest in Avianca Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Avianca Holdings' history and understand the potential risks before investing.
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