Avianca Holdings S.A. (Translation of Registrant’S Name Into English)
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ˆ200GLrqyJxF08=Xg*Š 200GLrqyJxF08=Xg* FWPAXE-EGVRS26 AVIANCA HOLDINGS S.A Donnelley Financial12.10.7.0 EGV pf_rend16-May-2019 00:46 EST 749867 TX 1 3* 6-K 1Q18 NYM HTM ESS 0C Page 1 of 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of May, 2019. Commission File Number 001-36142 Avianca Holdings S.A. (Translation of registrant’s name into English) Aquilino de la Guardia Calle No. 8, Panama City, Republic of Panama (+507) 205-600 (Address of principal executive offices) 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): ☐ ˆ200GLrqyJxF09im6cŠ 200GLrqyJxF09im6c FWPAXE-EGVRS26 AVIANCA HOLDINGS S.A Donnelley Financial12.10.7.0 EGV pf_rend16-May-2019 00:46 EST 749867 TX 2 4* 6-K 1Q18 NYM g0516065224234 HTM ESS 0C Page 1 of 1 Bogotá D.C., May 16, 2019 MATERIAL INFORMATION Avianca Holdings S.A. informs that it has published on its website www.aviancaholdings.com its earnings release for the first quarter of 2019 and its unaudited condensed consolidated financial statements as of March 31, 2019 and December 31, 2018 and for the three- month periods ended March 31, 2019 and 2018. Enclosures: Exhibit 99.1 – Unaudited condensed consolidated financial statements as of March 31, 2019 and December 31, 2018 and for the three- month periods ended March 31, 2019 and 2018. For further information please contact: Avianca Investor Relations + 571-5877700 ext. 2474, 1349 [email protected] ABOUT AVIANCA HOLDINGS S.A. The terms “Avianca Holdings” or “the Company” refer to the consolidated entity. The original source-language text of this announcement is the official, authoritative version, Translations are provided as an accommodation only, and should be cross- referenced with the source-language text, which is the only version of the text intended to have legal effect. Avianca Holdings S.A. (NYSE: AVH) (BVC:PFAVH) comprises the airlines: Aerovías del Continente Americano S.A.—Avianca, Tampa Cargo S.A., incorporated in Colombia, Aerolineas Galapagos S.A.—Aerogal, incorporated in Ecuador, and the TACA Group companies: TACA International Airlines S.A., incorporated in El Salvador, Lineas Aereas Costarricenses S.A.—LACSA, incorporated in Costa Rica, Transamérican Airlines S.A.—TACA Perú, incorporated in Perú, Servicios Aéreos Nacionales S.A.—SANSA, incorporated in Costa Rica, Aerotaxis La Costeña S.A., incorporated in Nicaragua, and Isleña de Inversiones S.A. de C.V.—ISLEÑA, incorporated in Honduras. +571 587 77 00 – 2474, 1349 [email protected] ˆ200GLrqyJxF0GFk6FŠ 200GLrqyJxF0GFk6F FWPAXE-EGVRS26 AVIANCA HOLDINGS S.A Donnelley Financial12.10.7.0 EGV pf_rend16-May-2019 00:46 EST 749867 TX 3 3* 6-K 1Q18 NYM g0516065224234 HTM ESS 0C Page 1 of 1 SIGNATURE Pursuant to the requirements of the 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: May 16, 2019 AVIANCA HOLDINGS S.A. By: /s/ Richard Galindo Name: Richard Galindo Title: Vice President Senior General Counsel ˆ200GLrqyJxFBXuD6AŠ 200GLrqyJxFBXuD6A FWPAXE-EGVRS25 AVIANCA HOLDINGS S.A Donnelley Financial12.10.7.0 EGV pf_rend16-May-2019 00:59 EST 749867 EX99_1 1 3* 6-K 1Q18 NYM HTM ESS 0C Page 1 of 1 Exhibit 99.1 AVIANCA HOLDINGS S.A. AND SUBSIDIARIES (Republic of Panama) Unaudited Condensed Consolidated Interim Financial Statements As of March 31, 2019, and December 31, 2018 and for the three-month periods ended March 31, 2019 and 2018 1 ˆ200GLrqyJxFBY$WgtŠ 200GLrqyJxFBY$Wgt FWPAXE-EGVRS25 AVIANCA HOLDINGS S.A Donnelley Financial12.10.7.0 EGV pf_rend 16-May-2019 00:59 EST 749867 EX99_1 2 5* 6-K 1Q18 START PAGE NYM HTM ESS 0C Page 1 of 1 AVIANCA HOLDINGS S.A. AND SUBSIDIARIES (Republic of Panama) Index Unaudited Condensed Consolidated Interim Statement of Financial Position 3 Unaudited Condensed Consolidated Interim Statement of Comprehensive Income 5 Unaudited Condensed Consolidated Interim Statement of Changes in Equity 7 Unaudited Condensed Consolidated Interim Statement of Cash Flows 9 Notes to the Condensed Consolidated Interim Financial Statements 11 2 ˆ200GLrqyJxFLc5k6xŠ 200GLrqyJxFLc5k6x VDI-W7-PFL-0311 AVIANCA HOLDINGS S.A Donnelley Financial12.10.7.0 EGV baner0ap16-May-2019 01:07 EST 749867 EX99_1 3 10* 6-K 1Q18 NYM HTM ESS 0C Page 1 of 1 AVIANCA HOLDINGS S.A. AND SUBSIDIARIES (Republic of Panama) Unaudited Condensed Consolidated Interim Statement of Financial Position (In USD thousands) March 31, December 31, Notes 2019 2018 Assets Current assets: Cash and cash equivalents 8 $ 290,918 $ 273,108 Restricted cash 8 107 4,843 Trade and other receivables, net of expected credit losses 9 285,411 288,157 Accounts receivables from related parties 10 5,065 6,290 Current tax assets 21 255,885 231,914 Expendable spare parts and supplies, net of provision for obsolescence 92,928 90,395 Prepayments 103,093 99,864 Deposits and other assets 11 102,446 89,773 Total current assets 1,135.853 1,084,344 Assets held for sale 13 — 31,580 Non–current assets: Deposits and other assets 11 91,971 115,504 Trade and other receivables, net of expected credit losses 9 33,653 35,503 Non-current taxes assets 21 — 19 Intangible assets and goodwill, net 507,312 513,803 Deferred tax assets 21 21,334 24,573 Property and equipment, net 3, 12 6,169,435 5,313,317 Total non–current assets 6,823,705 6,002,719 Total assets $ 7,959,558 $ 7,118,643 See accompanying notes to unaudited condensed consolidated interim financial statements 3 ˆ200GLrqyJxFMm5&63Š 200GLrqyJxFMm5&63 VDI-W7-PFL-0311 AVIANCA HOLDINGS S.A Donnelley Financial12.10.7.0 EGV baner0ap16-May-2019 01:07 EST 749867 EX99_1 4 10* 6-K 1Q18 NYM HTM ESS 0C Page 1 of 1 AVIANCA HOLDINGS S.A. AND SUBSIDIARIES (Republic of Panama) Unaudited Condensed Consolidated Interim Statement of Financial Position (In USD thousands) March 31, December 31, Notes 2019 2018 Liabilities and equity Current liabilities: Short-term borrowings and current portion of long-term debt 14 $ 838,980 $ 626,742 Accounts payable 597,183 664,272 Accounts payable to related parties 10 3,281 2,827 Accrued expenses 127,885 108,712 Current tax liabilities 21 27,361 26,702 Provisions for legal claims 22 10,116 7,809 Provisions for return conditions 14,326 2,475 Employee benefits 130,807 125,147 Air traffic liability 420,645 424,579 Frequent flyer deferred revenue 188,024 186,378 Other liabilities 13,080 3,861 Total current liabilities 2,371,688 2,179,504 Non–current liabilities: Long–term debt 14 4,157,272 3,380,838 Accounts payable 6,972 7,127 Provisions for return conditions 121,007 127,685 Employee benefits 112,163 110,085 Deferred tax liabilities 21 16,888 18,437 Frequent flyer deferred revenue 232,610 234,260 Other liabilities 60,606 68,246 Total non–current liabilities 4,707,518 3,946,678 Total liabilities $ 7,079,206 $ 6,126,182 Equity: 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 earnings 295,727 386,087 Other comprehensive income 16 (42,947) (44,096) Equity attributable to owners of the Company 1,081,243 1,170,454 Non–controlling interest (200,891) (177,993) Total equity 880,352 992,461 Total liabilities and equity $ 7,959,558 $ 7,118,643 See accompanying notes to unaudited condensed consolidated interim financial statements 4 ˆ200GLrqyJxFPpmvgqŠ 200GLrqyJxFPpmvgq VDI-W7-PFL-0311 AVIANCA HOLDINGS S.A Donnelley Financial12.10.7.0 EGV baner0ap16-May-2019 01:08 EST 749867 EX99_1 5 11* 6-K 1Q18 NYM HTM ESS 0C Page 1 of 1 AVIANCA HOLDINGS S.A. AND SUBSIDIARIES (Republic of Panama) Unaudited Condensed Consolidated Interim Statement of Comprehensive Income (In USD thousands, except per share data) For the three months ended March 31 Notes 2019 2018 Operating revenue: Passenger $ 970,400 $ 971,601 Cargo and other 4 180,353 196,793 Total operating revenue $ 1,150,753 $ 1,168,394 Operating expenses: Flight operations 30,132 41,106 Aircraft fuel 304,064 277,963 Ground operations 120,013 114,414 Aircraft rentals 3, 23 — 67,115 Passenger services 49,880 42,236 Maintenance and repairs 48,106 44,622 Air traffic 76,350 62,133 Selling expenses 107,763 134,273 Salaries, wages and benefits 179,322 188,491 Fees and other expenses 53,570 35,949 Special charges 11,900 — Depreciation, amortization and impairment 3, 12 151,200 84,333 Total operating expenses 1,132,300 1,092,635 Operating profit 18,453 75,759 Interest expense (68,616) (54,889) Interest income 4,454 5,698 Derivative instruments 495 490 Foreign exchange 6 (11,749) (16,236) Equity method profit 245 — (Loss) profit before income tax (56,718) 10,822 Income tax expense – current 21 (8,464) (16,867) Income tax expense – deferred 21 (2,730) 9,493 Total income tax expense (11,194) (7,374) Net (loss) profit for the period $ (67,912) $ 3,448 Basic (loss) profit per share 15 Common stock $ (0.075) $ (0.003) Preferred stock $ (0.075) $ (0.003) See accompanying notes to unaudited condensed consolidated interim financial statements 5 ˆ200GLrqyJxFPtzT6SŠ 200GLrqyJxFPtzT6S VDI-W7-PFL-0311 AVIANCA HOLDINGS S.A Donnelley Financial12.10.7.0 EGV baner0ap16-May-2019 01:08 EST 749867 EX99_1 6 11* 6-K 1Q18 NYM HTM ESS 0C Page 1 of 1 AVIANCA HOLDINGS S.A.