avianca news 2019the real blind fury
So, we do expect, of course, that trend of RASK turning into positive territory that we'll continue to exhibit.Yep, that -- thank you. You -- in yesterday, when you published information about the bond exchange, one part you talk about that maybe the collateral can be liberated if some credit rating level of the bond are achieved. So, it's -- this has been threading a needle to find something that we think is fair and attractive and good for everyone. And my last question, excuse me for all this time, is -- I want to know and to understand if the exchange of the bonds and the new coupon of 9% are conditionate to the United and Kingsland investment of $250 million or it is apart from that?Right. But I will like to know in what case this constitutes and event of default in terms of time. Notification center A key focus of the plan is to build on the potential of our Bogota hub, due to its strong domestic market of over 21 million passengers, and its privileged geographical location, and strong Bogota O&D market, which positions it as a natural premier hub for the region.Our main objective is to markedly improve the profitability of Avianca in the near future, with a goal to reach significant EBIT margins while deleveraging the company and strengthening the balance sheet. Keep up with everything that's going on in Avianca.We work to mitigate the impact of our users' experience due to COVID 19.Avianca has operated 275 repatriation flights to different destinations in Latin America and Europe.Learn all about the voluntary reorganization that Avianca Holdings underwent. And so, in the scenario where you simply exchange today, you haven't given much. Chat with us Despite the reduction in RPKs in the Columbian domestic market, we continue to hold the No. Welcome FILE PHOTO: A customer walks past Avianca airline check-in machines at Congonhas airport in Sao Paulo, Brazil, April 12, 2019. And in the case of Brazil, the market conditions, at least of Brazil -- what we have seen for ourselves -- I mean, last year was in a way the low point for us. We view this as an important vote of confidence in the company, and in the actions, we have begun to take.Thank you very much, Anko. We're in the process of recovering another. But, I mean, think about your cash position. Both Aviancas belong to the same family-owned business group, led by brothers German and Jose Efromovich, but are maintained as separate companies.
Please proceed with your question.Oh, hi, everyone. At least, that's part of what Anko mentioned before, was we are finalizing what the fleet looks like. While we were able to achieve load factors of almost 82%, transporting a total of 7.5 million passengers, as we will shortly note, this growth impacted unit revenue. So, the exchange offer you'll be concluding in August. Greetings, and welcome to the Avianca Holdings Second Quarter 2019 Earnings Results Conference Call. And that is exactly what Adrian and I are here to do.From a balance sheet perspective, you're going to see a clearer focus in increasing weighted average life.
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