<SUBMISSION>
<ACCESSION-NUMBER>0001193125-22-121660
<TYPE>15F-12B
<PUBLIC-DOCUMENT-COUNT>2
<FILING-DATE>20220427
<DATE-OF-FILING-DATE-CHANGE>20220427
<EFFECTIVENESS-DATE>20220427
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>Avianca Holdings S.A.
<CIK>0001575969
<ASSIGNED-SIC>4512
<IRS-NUMBER>000000000
<STATE-OF-INCORPORATION>R1
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>15F-12B
<ACT>34
<FILE-NUMBER>001-36142
<FILM-NUMBER>22856411
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>AVENIDA CALLE 26 #59 - 15
<CITY>BOGOTA
<STATE>F8
<ZIP>NONE
<PHONE>57 1 587-7700
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>AVENIDA CALLE 26 #59 - 15
<CITY>BOGOTA
<STATE>F8
<ZIP>NONE
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>15F-12B
<SEQUENCE>1
<FILENAME>d283626d15f12b.htm
<DESCRIPTION>15F-12B
<TEXT>
<HTML><HEAD>
<TITLE>15F-12B</TITLE>
</HEAD>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM&nbsp;15F
</B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CERTIFICATION OF A FOREIGN PRIVATE ISSUER&#146;S TERMINATION OF REGISTRATION OF A CLASS OF SECURITIES UNDER SECTION&nbsp;12(g) OF THE
SECURITIES EXCHANGE ACT OF 1934 OR ITS TERMINATION OF THE DUTY TO FILE REPORTS UNDER SECTION&nbsp;13(a) OR SECTION&nbsp;15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Commission File Number: 001-36142 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>Avianca
Holdings S.A. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of registrant as specified in its charter) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>MMG Tower, Piso 23, Avenida Paseo del Mar, </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Costa del Este </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Panama
City, Republic of Panama </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(+507) 265-7777 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address, including zip code, and telephone number, including area code, of registrant&#146;s principal executive offices) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>American Depositary Shares (as evidenced by American Depositary Receipts), </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>each representing 8 preferred shares, with a par value of $0.125 per preferred share </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Preferred shares, with a par value of $0.125 per preferred share </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Title of each class of securities covered by this Form) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Place an X in the appropriate box(es) to indicate the provision(s) relied upon to terminate the duty to file reports under the Securities
Exchange Act of 1934: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


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<TD VALIGN="top" ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman" ALIGN="center"><FONT STYLE="white-space:nowrap">Rule&nbsp;12h-6(a)</FONT>
&#9746;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"><FONT STYLE="white-space:nowrap">Rule&nbsp;12h-6(d)</FONT> &#9744;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman" ALIGN="center">(for equity securities)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">(for successor registrants)</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman" ALIGN="center"><FONT STYLE="white-space:nowrap">Rule&nbsp;12h-6(c)</FONT>
&#9744;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"><FONT STYLE="white-space:nowrap">Rule&nbsp;12h-6(i)</FONT> &#9744;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman" ALIGN="center">(for debt securities)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">(for prior Form 15 filers)</TD></TR>
</TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PART I </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;1. Exchange Act Reporting History </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">A.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Avianca Holdings S.A. (&#147;<U>AVH</U>&#148;) first incurred the duty to file reports under Section&nbsp;13(a)
or Section&nbsp;15(d) of the Securities Exchange Act of 1934, as amended (the &#147;<U>Exchange Act</U>&#148;), on November&nbsp;5, 2013, the date that AVH&#146;s Registration Statement was declared effective by the Securities and Exchange
Commission (the &#147;<U>Commission</U>&#148;). </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Prior to May&nbsp;27, 2020, AVH&#146;s American Depositary Receipts
(&#147;<U>ADRs</U>&#148;), each representing 8 preferred shares of AVH, with a par value of $0.125 per preferred share (the &#147;<U>Preferred Shares</U>&#148;), were listed on The New York Stock Exchange (the &#147;<U>NYSE</U>&#148;). On
May&nbsp;27, 2020, following AVH&#146;s Chapter 11 Filing (as defined below), the NYSE filed a Form&nbsp;25 with the Commission, informing that the NYSE had complied with its rules to strike the class of securities from listing and/or withdraw
registration on the NYSE of AVH&#146;s ADRs. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">B.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">AVH has filed or submitted all reports required under Section&nbsp;13(a) or Section&nbsp;15(d) of the Exchange
Act and the corresponding Commission rules for the 12 months preceding the filing of this Form 15F. AVH has filed at least one annual report under Section&nbsp;13(a) of the Exchange Act. </P></TD></TR></TABLE>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;2. Recent United States Market Activity </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">AVH&#146;s securities were last sold in the United States in a registered offering under the Securities Act of 1933, as amended, that was completed on
November&nbsp;4,&nbsp;2013. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;3. Foreign Listing and Primary Trading Market </B></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">A.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Prior to January&nbsp;19, 2022, AVH&#146;s Preferred Shares were registered in the Colombian national registry
of securities and issuers (<I>Registro Nacional de Valores y Emisores</I>) kept by the Colombian Superintendence of Finance (&#147;<U>SFC</U>&#148;) and traded on the Colombian Stock Exchange under the symbol &#147;PFAVH.&#148; AVH&#146;s Preferred
Shares began trading in the Colombian Stock Exchange in May 2011, and such exchange was historically the primary trading market for the Preferred Shares. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">B.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Following AVH&#146;s Chapter 11 Filing, the Colombian Stock Exchange notified AVH that (i)&nbsp;starting on
May&nbsp;26, 2020, the Preferred Shares would trade on the Colombian Stock Exchange by means of auction only, (ii)&nbsp;starting on May&nbsp;11, 2020, no futures or options contracts in respect of the Preferred Shares would be able to be entered
into and that the Preferred Shares would continue to be ineligible for repo transactions and to be inadmissible as collateral for margin calls in other types of transactions. </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Pursuant to release No.&nbsp;219 of the Colombian Stock Exchange, on November&nbsp;2, 2021, the Colombian Stock Exchange suspended trading in
AVH&#146;s Preferred Shares. As a result, as of such date, all active orders relating to AVH&#146;s Preferred Shares were automatically removed from the trading system, and neither the entry of orders nor the execution of <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">over-the-counter</FONT></FONT> trades were allowed. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">C.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The percentage of trading in AVH&#146;s Preferred Shares that occurred in Colombia on the Colombian Stock
Exchange for the <FONT STYLE="white-space:nowrap">12-month</FONT> period between November&nbsp;4, 2020, and November&nbsp;4, 2021 (both dates inclusive) was approximately 23.5% of the worldwide trading volume. </P></TD></TR></TABLE>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;4. Comparative Trading Volume Data </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Not
applicable. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;5. Alternative Record Holder Information </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">On May&nbsp;10, 2020, AVH and certain of its subsidiaries and affiliates (together with AVH, the &#147;<U>Debtors</U>&#148;) filed voluntary petitions (the
&#147;<U>Chapter 11 Filing</U>&#148;) under Chapter 11 of the U.S. Bankruptcy Code (the &#147;<U>Bankruptcy Code</U>&#148;) in the United States Bankruptcy Court for the Southern District of New York (the &#147;<U>Bankruptcy Court</U>&#148;). On
November&nbsp;2, 2021, the Bankruptcy Court entered the <I>Order (i)</I><I></I><I>&nbsp;Confirming Further Modified Joint Chapter 11 Plan of Avianca Holdings S.A. And Its Affiliated Debtors and (ii)</I><I></I><I>&nbsp;Granting Related Relief</I>
[Docket No.&nbsp;2300] confirming the Debtors&#146; <I>Further Modified Joint Chapter 11 Plan of Avianca Holdings S.A. and its Affiliated Debtors </I>[Docket No.&nbsp;2259] (as amended and supplemented from time to time, the
&#147;<U>Plan</U>&#148;), and on December&nbsp;1, 2021 (the &#147;Effective Date&#148;), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy. </P>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In accordance with the Plan, on the Effective Date, pursuant to sections 1141(b) and (c)&nbsp;of the
Bankruptcy Code, all of AVH&#146;s property was vested in a new corporation formed to, among other things, directly or indirectly acquire substantially all of the assets of AVH. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Plan also authorized the liquidation of AVH, subject to local laws. On March&nbsp;25, 2022, at a shareholders&#146; meeting held at the Westin Hotel,
Costa Del Este, Panama City, Panama, AVH&#146;s shareholders approved the dissolution of AVH in furtherance of the Plan. As a result of the adoption of such resolution, in accordance with Panamanian law, AVH&#146;s corporate purpose is solely
limited to conducting any actions necessary to wind down AVH&#146;s affairs. No business, other than related to its liquidation, may be undertaken by AVH. Consequently, all previously issued and outstanding equity interests in AVH (which include the
Preferred Shares underlying AVH&#146;s ADRs and the ADRs) are to be deemed as cancelled and extinguished, subject to completion of the liquidation process in compliance with Panamanian law, thereby reducing the number of holders of record of
AVH&#146;s equity securities to zero and meeting the requirements of Rule <FONT STYLE="white-space:nowrap">12h-6(a)(4)(ii).</FONT> </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;6. Debt
Securities </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Not applicable. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;7. Notice
Requirement </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">A.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">As required by Rule <FONT STYLE="white-space:nowrap">12h-6(h),</FONT> AVH published a notice disclosing its
intent to terminate its duty to file reports under section 13(a) and section 15(d) of the Exchange Act on the date hereof. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">B.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The notice was disseminated in the United States via Businesswire. In addition, the notice is attached as
Exhibit 99.1 to this Form 15F. </P></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;8. Prior Form 15 Filers </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Not applicable. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PART II </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;9. <FONT STYLE="white-space:nowrap">Rule&nbsp;12g3-2(b)</FONT> Exemption </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Given that AVH is currently undergoing liquidation, AVH is not required to produce or to make available any information set forth under <FONT
STYLE="white-space:nowrap">Rule&nbsp;12g3-2(b)(1)(iii)</FONT> to any security holders pursuant to the laws of the country of its incorporation, organization or domicile or otherwise. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PART III </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;10. Exhibits
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Attached as Exhibit 99.1 to this Form 15F is a copy of the notice, required by Rule <FONT STYLE="white-space:nowrap">12h-6(h)</FONT> (17 CFR <FONT
STYLE="white-space:nowrap">240.12h-6(h)),</FONT> disclosing AVH&#146;s intent to terminate its duty to file reports under section 13(a) and 15(d) of the Exchange Act. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;11. Undertakings </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The undersigned issuer hereby
undertakes to withdraw this Form&nbsp;15F if, at any time before the effectiveness of its termination of reporting under <FONT STYLE="white-space:nowrap">Rule&nbsp;12h-6,</FONT> it has actual knowledge of information that causes it reasonably to
believe that, at the time of filing the Form&nbsp;15F: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The average daily trading volume of its subject class of securities in the United States exceeded
5&nbsp;percent of the average daily trading volume of that class of securities on a worldwide basis for the same recent <FONT STYLE="white-space:nowrap">12-month</FONT> period that the issuer used for purposes of
<FONT STYLE="white-space:nowrap">Rule&nbsp;12h-6(a)(4)(i);</FONT> </P></TD></TR></TABLE>
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<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Its subject class of securities was held of record by 300 or more United States residents or 300 or more
persons worldwide, if proceeding under <FONT STYLE="white-space:nowrap">Rule&nbsp;12h-6(a)(4)(ii)</FONT> or <FONT STYLE="white-space:nowrap">Rule&nbsp;12h-6(c);</FONT> or </P></TD></TR></TABLE>
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<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">It otherwise did not qualify for termination of its Exchange Act reporting obligations under <FONT
STYLE="white-space:nowrap">Rule&nbsp;12h-6.</FONT> </P></TD></TR></TABLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURE </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, Avianca Holdings S.A. has duly authorized the undersigned person to sign on its behalf
this certification on Form&nbsp;15F. In so doing, Avianca Holdings S.A. certifies that, as represented on this Form, it has complied with all of the conditions set forth in <FONT STYLE="white-space:nowrap">Rule&nbsp;12h-6</FONT> for terminating its
registration under Section&nbsp;12(g) of the Exchange Act, or its duty to file reports under Section&nbsp;13(a) or Section&nbsp;15(d) of the Exchange Act, or both. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Date: April&nbsp;27, 2022</P></TD>
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<TD VALIGN="bottom" COLSPAN="3"><B>AVIANCA HOLDINGS S.A.</B></TD></TR>
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<TD VALIGN="bottom">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Francisco Arias G.</TD></TR>
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<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Name:</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Title:</P></TD>
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<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Francisco Arias G.</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">President</P></TD></TR>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Bogot</B><B>&aacute;</B><B> D.C., April</B><B></B><B>&nbsp;27, 2022</B>. Avianca Holdings S.A. (&#147;AVH&#148; or the &#147;Company&#148;) informs that on
March&nbsp;25, 2022, at a shareholders&#146; meeting held at the Westin Hotel, Costa Del Este, Panama City, Panama, the Company&#146;s shareholders approved the dissolution and, subsequently, in accordance with Panama law, the liquidation of the
Company in furtherance of the <I>Further Modified Joint Chapter 11 Plan of Avianca Holdings S.A. and its Affiliated Debtors </I>[Docket No.&nbsp;2259] (as amended and supplemented from time to time, the &#147;<U>Plan</U>&#148;), pursuant to which
the Company and certain of its subsidiaries and affiliates emerged from bankruptcy on December&nbsp;1, 2021. The Plan provided for the authorization of the liquidation of the Company, subject to local laws. As a result of the adoption of such
resolution, in accordance with Panamanian law, the Company&#146;s corporate purpose is solely limited to conducting any actions necessary to wind down the Company&#146;s affairs. No business, other than related to its liquidation, may be undertaken
by the Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Consequently, all previously issued and outstanding equity interests in the Company are to be deemed as cancelled and extinguished,
subject to completion of the liquidation process in compliance with Panamanian law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Based on the above, on the date hereof AVH has filed a Form 15F
pursuant to which AVH&#146;s ongoing reporting obligations under the Exchange Act will be immediately suspended upon such filing, and the registration of AVH&#146;s American Depositary Receipts, each representing 8 preferred shares of the Company,
with a par value of $0.125 per preferred share, and AVH&#146;s ongoing reporting obligations under the Exchange Act are expected to be terminated on July&nbsp;26, 2022, the date that is 90 days after the Form 15F filing date. The foregoing schedule
is subject to change in the event that the SEC notifies AVH of an extended review period or objects to AVH&#146;s application, or for other reasons. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Since AVH&#146;s reporting obligations under the Exchange Act (including in respect of filing annual reports on
<FONT STYLE="white-space:nowrap">Form&nbsp;20-F),</FONT> are immediately suspended upon filing of Form 15F and will be terminated in connection with the Company&#146;s liquidation, the Company does not expect to publish financial statements or other
material information going forward. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">For&nbsp;further&nbsp;inquiries,&nbsp;please&nbsp;contact: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U><B>Contacts</B></U> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Aristides Anguizola, Secretary </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">e-mail:</FONT> aristides.anguizola@morimor.com </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Phone no.: +(507) <FONT STYLE="white-space:nowrap">265-7777</FONT> </P>
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