Latin America 2020 Year in Review | Morrison & Foerster

THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS OF AVIANCA HOLDINGS S.A. AND ITS AFFILIATED DEBTORS We are counsel to the official committee of unsecured creditors of Avianca Holdings S.A. and its 38 affiliated debtors. Avianca is the largest airline in Colombia and El Salvador and the second largest in Latin America. Prior to the COVID-19 pandemic, Avianca offered passenger services on more than 5,350 weekly flights to more than 76 destinations in 27 countries, and generated approximately $3.9 billion in annual revenues. As of the petition date, Avianca had approximately 18,900 employees and reported outstanding indebtedness of approximately $5.4 billion. The engagement leverages MoFo’s extensive aviation expertise and demonstrates the extent to which we are able to draw from other practice groups, including our integrated Latin America team, to provide a full range of legal services to a committee. Morrison & Foerster | 20 Business Restructuring and Insolvency