Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Avianca Gains After BTG Names Colombian Airline Among Top Picks

Avianca Holdings SA, Colombia’s biggest airline, gained the most in three months after Grupo BTG Pactual named the stock as one if its top picks in the transportation industry.

The shares gained 4.5 percent to 4,175 pesos at 2:52 p.m. in Bogota, the biggest increase since Oct. 1 on a closing basis. The company’s American depositary receipts, which started trading in November, reached a record high of $17.40 in New York.

Avianca “remains one of our favorite transportation stocks, thanks to its strong earnings momentum, long-term growth, profitability upside, and attractive valuation,” analysts led by Renato Mimica wrote in a note to clients dated yesterday. Avianca is expected to provide “upbeat guidance” for the year soon, which may be a positive driver for the shares, according to the report.

The shares have jumped 13 percent this year in Bogota, the most on Colombia’s benchmark Colcap index. They fell 18 percent last year after surging 38 percent in 2012.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.