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Adrian Neuhauser Named CEO of Abra, Francisco Pedreira to Become Avianca’s President and CEO

Effective January 2024, Adrian Neuhauser will become the new CEO of Abra Group, while continuing to serve as Avianca’s Executive Vice Chairman.  Additionally, Frederico Pedreira will assume the role as Avianca’s President and CEO.

Abra's Incoming CEO and Avianca's Executive Vice Chairman, Adrian Neuhauser - Photo Inset Credit: Adrian Neuhauser/X

On Tuesday (November 28, 2023), Avianca announced that Adrian Neuhauser will become the CEO of Abra Group effective January 2024, while maintaining his role as Executive Vice Chairman of avianca.  Additionally, Frederico Pedreira will assume leadership of avianca as the airline’s President and CEO.  Since joining avianca in 2019 as Chief Financial Officer, Neuhauser led the company’s restructuring before becoming President and CEO in 2021.  He also led the company’s successful Chapter 11 entry and exit process, oversaw the post-pandemic reactivation of the company in over 26 countries, led the transformation of the airline’s business model, and most recently, the carrier's rebranding.

In Tuesday’s announcement, Abra Group’s incoming Chief Executive Officer, Adrian Neuhauser, said,

“I am proud of what our team has achieved at avianca. I have full confidence in Fred and his leadership in executing avianca’s next steps, I look forward to continuing to work with him, and the entire team, for many years to come.”

avianca's Incoming President and CEO, Frederico Pedreira - Courtesy avianca

Joining avianca in 2021 as Chief Operating Officer, Frederico Pedreira led the team that turned around the airline’s operations and was also instrumental in avianca’s new business model transition.

Commenting on his upcoming role as avianca’s President and CEO, Frederico Pedreira, said,

“Thank you for the trust; I feel honored and privileged to be able to team up with the more than 13,000 people who are part of our avianca.”

Founded in 1919, avianca operates the largest network in Colombia, and one of the largest in Latin America with 130 routes and over 3,800 weekly flights, connecting guests to around 70 destinations in the Americas and Europe.  The carrier has over 12,000 team members and operates a fleet of 130 Airbus A320 Family and Boeing 787 Dreamliner aircraft.  avianca Cargo also serves over 70 destinations with a fleet of dedicated Airbus A330 Freighters, along with passenger aircraft belly-hold space.  avianca is part of Abra Group, a holding company formed by an agreement between the principal shareholders of avianca and the controlling shareholder of GOL.


Source: avianca

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