Avianca Group has named Gabriel Oliva as its new president, effective immediately, while CEO Fredrico Pedreira will step down on February 28, 2026.
Oliva will be the first president of the Group - the position having been newly created - and will continue to serve as chief operating officer.
Pedreira has served as CEO for five years, and the position of president has been created to ensure a “smooth transition” as the CEO prepares to exit the company.
Under Pedreira's leadership, Avianca has grown its network to over 160 routes and 80 destinations, transporting more than 38 million passengers in 2024.
"Leading Avianca has been an extraordinary honour and quite a journey," said Pedreira. "I am immensely proud of what our team has accomplished together and the company we become.
“I am confident that, under Gabriel's leadership and with the incredible team we have, Avianca will continue to grow and reach new heights."
Oliva has over 20 years of leadership experience, 14 of them in the aviation industry. He joined Avianca in 2021 as CEO of Avianca Cargo, where he repositioned the business unit as a regional leader.
Avianca is owned by London-based Abra Group. Yesterday, as covered by Airline Economics, Chilean carrier SKY Airlines announced that it has signed an agreement to join Abra Group.
Abra Group also owns Gol, a Brazilian low-cost airline, and is a strategic investor in Wamos Air, a Spanish charter and wet-lease specialist airline.