The Colombian airline that has been the national airline and flag carrier of Colombia since 1919 is wholly owned by a company headquartered in Brazil.
Avianca S.A. (acronym in Spanish for "Aerovas del Continente Americano S.A. "), Airways of the American Continent, is a Colombian airline that has been the national airline and flag carrier of Colombia since 5 December 1919, when it was initially registered under the name SCADTA. 
 It is wholly owned by Synergy Group S.A., a South American holding company established by Germn Efromovich and specializing in air transport. 
 The group is headquartered in Rio de Janeiro, Brazil. 
