Avianca Announces Leadership Transition

Avianca announced its succession plan for the airline. Frederico Pedreira will step down from his role as Chief Executive Officer, effective February 28th, 2026, after five years with the company. To further strengthen the airline’s leadership structure and ensure a smooth transition, Avianca’s Board of Directors has approved the creation of a President position, to be filled by Gabriel Oliva concurrently with his COO role, effective immediately. Frederico will remain as CEO until February 28th to ensure full continuity and alignment across the organization.