UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20546 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE U.S. SECURITIES EXCHANGE ACT OF 1934 For the month of March 2021 Commission File Number: 001-36142 Avianca Holdings S.A. (Name of registrant) Edificio P.H. ARIFA, Pisos 9 y 10, Boulevard Oeste Santa María Business District Panama City, Republic of Panama (+507) 205-7000 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐ Bogotá D.C., March 29, 2021 MATERIAL INFORMATION Avianca Holdings S.A. informs that it has published on its website www.aviancaholdings.com its consolidated financial statements as of December 31, 2020 and December 31, 2019 and for each of the years ended December 31, 2020 and 2019. Enclosures: Exhibit 99.1 – Consolidated Financial Statements As of December 31, 2020, and 2019 and for each of the years ended December 31, 2020, 2019 and 2018. Investor Relations Office +571 587 77 00 – 2474, 1349 [email protected] SIGNATURES Pursuant to the requirements of the U.S. Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: March 29, 2021 AVIANCA HOLDINGS S.A. By: /s/ Richard Galindo Name: Richard Galindo Title: General Secretary Exhibit 99.1 AVIANCA HOLDINGS S.A. AND SUBSIDIARIES (Republic of Panama) (Debtor in possession) Consolidated Financial Statements As of December 31, 2020, and 2019 and for each of the years ended December 31, 2020, 2019 and 2018 1 AVIANCA HOLDINGS S.A. AND SUBSIDIARIES (Republic of Panama) (Debtor in possession) Index Report of Independent Auditors 3 Consolidated Statement of Financial Position 3 Consolidated Statement of Comprehensive Income 5 Consolidated Statement of Changes in Equity 7 Consolidated Statement of Cash Flows 8 Notes to the Consolidated Financial Statements 10 2 AVIANCA HOLDINGS S.A. AND SUBSIDIARIES (Republic of Panama) (Debtor in Possession) Consolidated Statement of Financial Position (In USD thousands) December 31, December 31, Notes 2020 2019 Assets Current assets: Cash and cash equivalents 8 $ 911,139 $ 342,472 Restricted cash 8 24,299 1 Short term investments 13 42,919 55,440 Trade and other receivables, net of expected credit losses 9 229,917 233,722 Accounts receivables from related parties 10 157 3,348 Current tax assets 32 111,785 198,719 Expendable spare parts and supplies, net of provision for obsolescence 11 81,433 88,334 Prepayments 12 36,247 69,012 Deposits and other assets 13 37,544 39,175 1,475,440 1,030,223 Assets held for sale 16 884 681,053 Total current assets 1,476,324 1,711,276 Non–current assets: Deposits and other assets 13 55,547 54,074 Trade and other receivables, net of expected credit losses 9 2,918 22,569 Non-current taxes assets 32 — 1 Intangible assets and goodwill, net 15 488,925 505,507 Deferred tax assets 32 25,236 27,166 Property and equipment, net 4, 14 4,811,544 4,953,317 Total non–current assets 5,384,170 5,562,634 Total assets $ 6,860,494 $ 7,273,910 3 AVIANCA HOLDINGS S.A. AND SUBSIDIARIES (Republic of Panama) (Debtor in Possession) Consolidated Statement of Financial Position (In USD thousands) December 31, December 31, Notes 2020 2019 Liabilities and equity Current liabilities: Short-term borrowings and current portion of long-term debt 17,37 $ 5,011,094 $ 872,044 Accounts payable 18 489,031 530,615 Accounts payable to related parties 10 2,782 3,713 Accrued expenses 19 16,448 87,610 Current tax liabilities 32 54,738 26,421 Provisions for legal claims 33 23,314 20,244 Provisions for return conditions 20 22,277 21,963 Employee benefits 21 135,056 148,678 Air traffic liability 22 399,184 337,363 Frequent flyer deferred revenue 22 162,013 187,931 Other liabilities 23 4,144 5,110 6,320,081 2,241,692 Liabilities associated with the assets held for sale 16 — 490,458 Total current liabilities 6,320,081 2,732,150 Non–current liabilities: Long–term debt 17 1,270,162 3,984,279 Accounts payable 18 17,225 11,931 Provisions for return conditions 20 138,562 122,425 Employee benefits 21 103,540 118,337 Deferred tax liabilities 32 13,922 18,471 Frequent flyer deferred revenue 22 290,802 229,701 Other liabilities 23 7,972 51,449 Total non–current liabilities 1,842,185 4,536,593 Total liabilities $ 8,162,266 $ 7,268,743 Equity (Deficit) 24 Common stock 82,600 82,600 Preferred stock 42,023 42,023 Additional paid–in capital on common stock 234,567 234,567 Additional paid–in capital on preferred stock 469,273 469,273 Retained (losses) earnings (2,025,557) (543,010) Other comprehensive income / (loss) (91,511) (78,120) Equity attributable to owners of the Company (Deficit) (1,288,605) 207,333 Non–controlling interest 25 (13,167) (202,166) Total equity (1,301,772) 5,167 Total liabilities and equity (Deficit) $ 6,860,494 $ 7,273,910 See accompanying notes to consolidated financial statements 4 AVIANCA HOLDINGS S.A. AND SUBSIDIARIES (Republic of Panama) (Debtor in Possession) Consolidated Statement of Comprehensive Income (In USD thousands, except per share data) For the year ended December 31, Notes 2020 2019 2018 Operating revenue: Passenger $ 1,003,983 $3,904,765 $4,074,391 Cargo and other 707,602 716,731 816,439 Total operating revenue 5, 27 1,711,585 4,621,496 4,890,830 Operating expenses: Flight operations 42,167 75,713 153,615 Aircraft fuel 335,612 1,204,058 1,213,411 Ground operations 212,444 478,029 474,802 Rentals 34 3,398 11,762 267,708 Passenger services 41,816 176,454 188,713 Maintenance and repairs 121,481 257,642 206,454 Air traffic 90,202 278,987 269,631 Selling expenses 169,281 500,160 530,930 Salaries, wages and benefits 388,962 717,342 760,758 Fees and other expenses 38 367,446 411,573 203,304 Deconsolidation of subsidiary 1 26,221 — — Depreciation and amortization 14,15 532,994 593,396 350,507 Impairment 14 1,070 470,661 38,881 Total operating expenses 2,333,094 5,175,777 4,658,714 Operating (loss) profit (621,509) (554,281) 232,116 Interest expense (378,318) (299,942) (212,294) Interest income 4,406 9,041 10,115 Derivative instruments (3,063) (2,164) (260) Foreign exchange, net 3.c (46,494) (24,190) (9,220) Equity method profit 274 1,524 899 (Loss) profit before income tax (1,044,704) (870,012) 21,356 Income tax expense – current (49,378) (26,475) (27,151) (Expense) income tax income – deferred 32 (53) 2,492 6,938 Total income tax expense 32 (49,431) (23,983) (20,213) Net (loss) profit for the year $(1,094,135) $ (893,995) $ 1,143 Basic loss per share. (Expressed in dollars) 26 Common stock (1.09) $ (0.92) $ (0.03) Preferred stock (1.09) $ (0.92) $ (0.03) See accompanying notes to consolidated financial statements 5 AVIANCA HOLDINGS S.A. AND SUBSIDIARIES (Republic of Panama) (Debtor in Possession) Consolidated Statement of Comprehensive Income (In USD thousands, except per share data) For the year ended December 31, Notes 2020 2019 2018 Net (loss) income for the year $ (1,094,135) $ (893,995) $ 1,143 Other comprehensive income (loss): Items that will not be reclassified to profit or loss in future periods: 24 Revaluation (devaluation) of administrative property 1,074 2,761 (20,448) Remeasurements of defined benefit liability (14,037) (42,541) (9,039) Income tax (818) 441 (39) (13,781) (39,339) (29,526) Items that will be reclassified to profit or loss in future periods: 24 Effective portion of changes in fair value of hedging instruments 474 3,932 (13,701) Net change in fair value of financial assets with changes in OCI 503 1,205 (328) 977 5,137 (14,029) Other comprehensive loss, net of income tax (12,804) (34,202) (43,555) Total comprehensive (loss) profit net of income tax $ (1,106,939) $ (928,197) $ (42,412) (Loss) profit attributable to: Equity holders of the parent (1,086,935) (913,712) (24,803) Non–controlling interest (7,200) 19,717 25,946 Net (loss) profit $ (1,094,135) $ (893,995) $ 1,143 Total comprehensive (loss) income attributable to: Equity holders of the parent $ (1,100,326) $ (947,736) $ (68,097) Non–controlling interest (6,613) 19,539 25,685 Total comprehensive (loss) income $ (1,106,939) $ (928,197) $ (42,412) See accompanying notes to consolidated financial statements 6 AVIANCA HOLDINGS S.A. AND SUBSIDIARIES (Republic of Panama) (Debtor in Possession) Consolidated Statement of Changes in Equity (In USD thousands) Additional paid-in Other comprehensive Equity capital income Retained attributable to Non- Common Preferred Common Preferred OCI (losses) owners of the controlling Total Notes Stock Stock Stock Stock Reserves Revaluation earnings Company interest equity Balance adjusted at January 1, 2018 $ 82,600 $ 42,023 $234,567 $469,273 $ (59,184) $ 58,382 $ 446,398 $ 1,274,059 $(133,908) $ 1,140,151 Net profit (loss) — — — — — — (24,803) (24,803) 25,946 1,143 Other comprehensive income (loss) 24 — — — — (22,846) (20,448) — (43,294) (261) (43,555) Sale of subsidiaries 1 — — — — — — — — (7,674) (7,674) Dividends decreed 36 — — — — — — (35,508) (35,508) (62,096) (97,604) Balance at December 31, 2018 $ 82,600 $ 42,023 $234,567 $469,273 $ (82,030) $ 37,934 $ 386,087 $ 1,170,454 $(177,993) $ 992,461 Net (loss) profit — — — — — — (913,712) (913,712) 19,717 (893,995) Other comprehensive income