Three years after the merger of Avianca and Taca, the group is growing profitably, but the integration is not complete and infrastructure bottlenecks have to be cleared to ensure further growth. Avianca, which will go to a single brand and drop the Taca name at the end of May, has emerged as one of the two big Latin American airline groups, along with the newly formed Latam Group. Given Colombia's politically and economically difficult past, and considering Avianca's bankruptcy restructuring in 2004, the turnaround is all the more remarkable. Following the announced departure of TAM Brazil, Avianca will also be the Star Alliance's sole partner in South America. And Bogota is its most important base.
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