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Avianca secures $300 million financing from ABGF for aircraft engine maintenance services at GE Aerospace's MRO shop in Brazil.

Sep 08, 2026

Amount Raised

$300 Million

Round Type

Venture

BogotaLeisureTravelAir TransportationTourism

Investors

CitibankBrazilian Agency For Management Of Guarantee Funds And Guarantees (Abgf)

Description

Avianca, part of Abra Group, has entered into a financing agreement for maintenance, repair, and overhaul services for its CFM56 aircraft engines. The financing, arranged through Citibank, includes up to $300 million and marks a first for a non-Brazilian airline under this framework. This agreement enhances Avianca's flexibility in executing maintenance plans while investing in operational resilience. The move supports high-value Brazilian services and strengthens the international presence of local companies.

Quick answer

Avianca Group raised $300 Million in a funding round, dated September 8, 2026. Investors: Citibank and Brazilian Agency For Management Of Guarantee Funds And Guarantees (Abgf). Avianca Group is based in Bogota, Bogota, Capital District, Colombia.

How much did Avianca Group raise?
Avianca Group raised $300 Million in a funding round on September 8, 2026.
Who invested in Avianca Group?
Citibank and Brazilian Agency For Management Of Guarantee Funds And Guarantees (Abgf) are named as investors in this round.
What does Avianca Group do?
Avianca, a Star Alliance member and part of Abra Group, encompasses Aerovías del Continente Americano S.A., Taca International Airlines S.A., Avianca Costa Rica S.A., Avianca Ecuador S.A., Aviateca S.A., Regional..
Where is Avianca Group based and how big is it?
Avianca Group is based in Bogota, Bogota, Capital District, Colombia. Fundz records about 19,000 employees.
Who are the decision-makers at Avianca Group?
Fundz holds 3 contacts at Avianca Group, including the Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Leisure and Travel around the same time

Companies in the same sectors as Avianca Group that raised within 45 days of this round, from Fundz verified event records.

  • Atravelq raised $1M (Seed) on August 18, 2026.
  • American Airlines Group raised $1.3B (Debt Financing) on July 29, 2026.
  • TravClan raised $5M on October 22, 2026.
  • United Nigeria Airlines raised $15M on October 18, 2026.
  • Kip Corporation raised $814K (Seed) on October 9, 2026.
  • Stockman Development raised $483M on September 23, 2026.

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Company Information

Company

Avianca Group

Location

Bogota, Bogota, Capital District, Colombia

About

Avianca, a Star Alliance member and part of Abra Group, encompasses Aerovías del Continente Americano S.A., Taca International Airlines S.A., Avianca Costa Rica S.A., Avianca Ecuador S.A., Aviateca S.A., Regional Express Américas S.A.S., LifeMiles, and Avianca Cargo. With over 105 years of operations in Colombia, Avianca is part of the leading airline group in Colombia, Ecuador, and Central America, and operates one of the largest route networks in Latin America, serving more than 150 routes, more than 700 daily flights, and a fleet of 140 Airbus A320 and Boeing 787 Dreamliner aircraft, connecting over 80 destinations across 25+ countries in the Americas and Europe. In 2024, Avianca transported nearly 38 million customers and operated more than 258,000 flights. Its loyalty program, LifeMiles, is one of the largest in Latin America, with over 14 million members and more than 400 partner merchants. In cargo transportation, Avianca Cargo is the leading operator in various markets across the Americas, connecting over 350 destinations through its 220 weekly cargo flights, passenger flight network, and interline agreements.

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Related People

3 contacts
Verified contactsFrederico P., Chief Executive Officer hidden hidden hiddenSee plans and pricing
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Avianca Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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