In 2020, depreciation and amortization accounted for nearly ** percent of Avianca's operating expenses, similar to what was reported by one of its major competitors, LATAM. Salaries and employees benefits represented the second largest expense of the Panama-based company, with a share of **** percent.
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ÀÖ²¥´«Ã½app×îа汾. (April 24, 2021). Distribution of the operating expenses of Avianca Holdings S.A. in 2020, by category [Graph]. In ÀÖ²¥´«Ã½app×îа汾. Retrieved August 17, 2026, from /statistics/755053/operating-expenses-type-avianca/
ÀÖ²¥´«Ã½app×îа汾. "Distribution of the operating expenses of Avianca Holdings S.A. in 2020, by category." Chart. April 24, 2021. ÀÖ²¥´«Ã½app×îа汾. Accessed August 17, 2026. /statistics/755053/operating-expenses-type-avianca/
ÀÖ²¥´«Ã½app×îа汾. (2021). Distribution of the operating expenses of Avianca Holdings S.A. in 2020, by category. ÀÖ²¥´«Ã½app×îа汾. ÀÖ²¥´«Ã½app×îа汾 Inc.. Accessed: August 17, 2026. /statistics/755053/operating-expenses-type-avianca/
ÀÖ²¥´«Ã½app×îа汾. "Distribution of The Operating Expenses of Avianca Holdings S.A. in 2020, by Category." ÀÖ²¥´«Ã½app×îа汾, ÀÖ²¥´«Ã½app×îа汾 Inc., 24 Apr 2021, /statistics/755053/operating-expenses-type-avianca/
ÀÖ²¥´«Ã½app×îа汾, Distribution of the operating expenses of Avianca Holdings S.A. in 2020, by category ÀÖ²¥´«Ã½app×îа汾, /statistics/755053/operating-expenses-type-avianca/ (last visited August 17, 2026)
Distribution of the operating expenses of Avianca Holdings S.A. in 2020, by category [Graph], ÀÖ²¥´«Ã½app×îа汾, April 24, 2021. [Online]. Available: /statistics/755053/operating-expenses-type-avianca/
