Synergy Group
Encyclopedia
Synergy Group is a South American conglomerate owned by Bolivia
n-born Germán Efromovich
, an entrepreneur holding dual citizenship of Colombia
and Brazil
. The group its headquartered in Rio de Janeiro
, Brazil
.
The group operates several airline
s in South America
and one in Africa
, and is active in the exploration of oil and natural gas throughout the region. Furthermore, it operates hydroelectric power plants and participates in the construction of telecommunications infrastructure.
Synergy Aerospace, a sub-division of Synergy Group, is headquartered in Bogotá
, Colombia
. With CEO Juan Emilio Posada, it is a company with holdings in eight airline
s in four countries. These are Avianca
and Tampa Cargo
in Colombia
, Avianca Brazil, VarigLog and OceanAir Táxi Aéreo in Brazil
, VIP
and Aerogal
in Ecuador
, and Capital Airlines
in Nigeria
.
Synergy Group is currently in talks to integrate the airline and companies of TACA
with Avianca
under a holding company
of the Synergy Group to be named "Avianca-TACA
". The Synergy Group will own 66.66% of the newly created subsidiary company. Kingsland Holdings, Ltd., will own the other 33.33% of Avianca-TACA.
It remains unclear as of yet, if the Synergy Group will be retaining the minority shareholdings
Grupo TACA has in Islena Airlines
and Volaris (Airlines)
. Presently Grupo TACA owns only 20% of Islena Airlines
.
Volaris
, the only codeshare partner of Southwest Airlines
in the United States
, is 25% owned by Grupo TACA, until the acquisition
or divestiture by the Synergy Group is completed.
Bolivia
Bolivia officially known as Plurinational State of Bolivia , is a landlocked country in central South America. It is the poorest country in South America...
n-born Germán Efromovich
German Efromovich
German Efromovich is a Bolivian-born Colombian-Brazilian entrepreneur born to a family of Polish Jews in Bolivia, raised in Arica, Chile and in São Paulo, Brazil...
, an entrepreneur holding dual citizenship of Colombia
Colombia
Colombia, officially the Republic of Colombia , is a unitary constitutional republic comprising thirty-two departments. The country is located in northwestern South America, bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by the Caribbean Sea; to the...
and Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
. The group its headquartered in Rio de Janeiro
Rio de Janeiro
Rio de Janeiro , commonly referred to simply as Rio, is the capital city of the State of Rio de Janeiro, the second largest city of Brazil, and the third largest metropolitan area and agglomeration in South America, boasting approximately 6.3 million people within the city proper, making it the 6th...
, Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
.
The group operates several airline
Airline
An airline provides air transport services for traveling passengers and freight. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for mutual benefit...
s in South America
South America
South America is a continent situated in the Western Hemisphere, mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere. The continent is also considered a subcontinent of the Americas. It is bordered on the west by the Pacific Ocean and on the north and east...
and one in Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...
, and is active in the exploration of oil and natural gas throughout the region. Furthermore, it operates hydroelectric power plants and participates in the construction of telecommunications infrastructure.
Synergy Aerospace, a sub-division of Synergy Group, is headquartered in Bogotá
Bogotá
Bogotá, Distrito Capital , from 1991 to 2000 called Santa Fé de Bogotá, is the capital, and largest city, of Colombia. It is also designated by the national constitution as the capital of the department of Cundinamarca, even though the city of Bogotá now comprises an independent Capital district...
, Colombia
Colombia
Colombia, officially the Republic of Colombia , is a unitary constitutional republic comprising thirty-two departments. The country is located in northwestern South America, bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by the Caribbean Sea; to the...
. With CEO Juan Emilio Posada, it is a company with holdings in eight airline
Airline
An airline provides air transport services for traveling passengers and freight. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for mutual benefit...
s in four countries. These are Avianca
Avianca
Avianca S.A. is the flag carrier airline of Colombia since December 5, 1919 when it was initially registered under the name SCADTA. It is headquartered in Bogotá, D.C. with its hub at the El Dorado International Airport...
and Tampa Cargo
Tampa Cargo
Transportes Aéreos Mercantiles Panamericanos S.A., operating as Tampa Cargo, is a cargo airline based at José María Córdova International Airport in Medellín, Colombia. It is a specialized all-cargo airline transporting flowers from Latin America to Miami, as well as general cargo throughout the...
in Colombia
Colombia
Colombia, officially the Republic of Colombia , is a unitary constitutional republic comprising thirty-two departments. The country is located in northwestern South America, bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by the Caribbean Sea; to the...
, Avianca Brazil, VarigLog and OceanAir Táxi Aéreo in Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
, VIP
VIP Ecuador
VIP is an airline based at Mariscal Sucre International Airport in Quito, Ecuador. This airline forms part of Synergy Group jointly with Avianca in Colombia, AeroGal in Ecuador and Avianca Brazil .- History :The Ecuadorian VIP S.A...
and Aerogal
Aerogal
AeroGal is an airline based in Quito, Ecuador. It operates passenger and cargo flights within Ecuador, between the mainland and the Galápagos Islands, and between Ecuador and New York, Perú and Colombia.- History :AeroGal was established in 1986.Through a commercial agreement between AeroGal and...
in Ecuador
Ecuador
Ecuador , officially the Republic of Ecuador is a representative democratic republic in South America, bordered by Colombia on the north, Peru on the east and south, and by the Pacific Ocean to the west. It is one of only two countries in South America, along with Chile, that do not have a border...
, and Capital Airlines
Capital Airlines (Nigeria)
Capital Airlines was an airline headquartered in Lagos, Nigeria, that operated scheduled and chartered domestic flights out of its base at Murtala Muhammed International Airport and Ilorin International Airport.- History :...
in Nigeria
Nigeria
Nigeria , officially the Federal Republic of Nigeria, is a federal constitutional republic comprising 36 states and its Federal Capital Territory, Abuja. The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in...
.
Synergy Group is currently in talks to integrate the airline and companies of TACA
Grupo TACA
TACA is the trade name "brand" comprising a group of five independently IATA-coded and -owned Central American airlines, whose operations are combined to function as one and a number of other independently owned and IATA-coded regional airlines which code-share and feed the TACA brand system...
with Avianca
Avianca
Avianca S.A. is the flag carrier airline of Colombia since December 5, 1919 when it was initially registered under the name SCADTA. It is headquartered in Bogotá, D.C. with its hub at the El Dorado International Airport...
under a holding company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...
of the Synergy Group to be named "Avianca-TACA
AviancaTaca Holding
AviancaTaca is an Colombian-Salvadoran holding company formed by 2010 merger of two airlines company, being Avianca from Colombia and TACA Airlines from El Salvador. The company is a subisidiary of Synergy Group, a Brazilian private conglomerate...
". The Synergy Group will own 66.66% of the newly created subsidiary company. Kingsland Holdings, Ltd., will own the other 33.33% of Avianca-TACA.
It remains unclear as of yet, if the Synergy Group will be retaining the minority shareholdings
Shareholder
A shareholder or stockholder is an individual or institution that legally owns one or more shares of stock in a public or private corporation. Shareholders own the stock, but not the corporation itself ....
Grupo TACA has in Islena Airlines
Islena Airlines
Isleña de Inversiones SA de CV, operating as Isleña Airlines under the TACA Regional brand, is an airline based in La Ceiba, Honduras. It offers mostly domestic scheduled and chartered passenger flights out of its hub at Golosón International Airport....
and Volaris (Airlines)
Volaris
Concesionaria Vuela Compañía de Aviación, S.A. de C.V., operating as Volaris, is a low-cost airline from Mexico, and the country's second largest airline after Aeroméxico, thus being a leading competitor in the Mexican domestic market, with a market share of around 13-14% of domestic...
. Presently Grupo TACA owns only 20% of Islena Airlines
Islena Airlines
Isleña de Inversiones SA de CV, operating as Isleña Airlines under the TACA Regional brand, is an airline based in La Ceiba, Honduras. It offers mostly domestic scheduled and chartered passenger flights out of its hub at Golosón International Airport....
.
Volaris
Volaris
Concesionaria Vuela Compañía de Aviación, S.A. de C.V., operating as Volaris, is a low-cost airline from Mexico, and the country's second largest airline after Aeroméxico, thus being a leading competitor in the Mexican domestic market, with a market share of around 13-14% of domestic...
, the only codeshare partner of Southwest Airlines
Southwest Airlines
Southwest Airlines Co. is an American low-cost airline based in Dallas, Texas. Southwest is the largest airline in the United States, based upon domestic passengers carried,...
in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
, is 25% owned by Grupo TACA, until the acquisition
Takeover
In business, a takeover is the purchase of one company by another . In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company.- Friendly takeovers :Before a bidder makes an offer for another...
or divestiture by the Synergy Group is completed.
| Synergy Aerospace | |||||||
|---|---|---|---|---|---|---|---|
| Airline Subsidiaries | |||||||
| Summary | |||||||
| Owner | German Efromovich | ||||||
| Founded | 2003 | ||||||
| Fleet | 104 (+91) | ||||||
| Destinations | 120 | ||||||
| General Information | |||||||
| Airline Airline An airline provides air transport services for traveling passengers and freight. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for mutual benefit... s |
|||||||
| Country Country A country is a region legally identified as a distinct entity in political geography. A country may be an independent sovereign state or one that is occupied by another state, as a non-sovereign or formerly sovereign political division, or a geographic region associated with a previously... |
Fleet | # of Destinations | |||||
| AeroGal Aerogal AeroGal is an airline based in Quito, Ecuador. It operates passenger and cargo flights within Ecuador, between the mainland and the Galápagos Islands, and between Ecuador and New York, Perú and Colombia.- History :AeroGal was established in 1986.Through a commercial agreement between AeroGal and... |
 Ecuador |
||||||
| Avianca Avianca Avianca S.A. is the flag carrier airline of Colombia since December 5, 1919 when it was initially registered under the name SCADTA. It is headquartered in Bogotá, D.C. with its hub at the El Dorado International Airport... |
 Colombia |
Avianca destinations - North America :- Central America :- Caribbean :- South America :- Europe :- Charter Flights :- Former Destinations :: Arauca, Bahía solano, Caucasia, Capurganá, Chigorodó, Nuquí, Providencia, Quibdó, Medellín EOH.: Newark, Los Angeles.: Montevideo.: Amsterdam.: Roma.: Stockholm.: Zurich.- Future... |
|||||
| Avianca Brazil |  Brazil |
||||||
| Capital Airlines Capital Airlines (Nigeria) Capital Airlines was an airline headquartered in Lagos, Nigeria, that operated scheduled and chartered domestic flights out of its base at Murtala Muhammed International Airport and Ilorin International Airport.- History :... |
 Nigeria |
||||||
| Helicol-Pas | Colombia |
||||||
| OceanAir Taxi Aéreo | Brazil |
||||||
| Senioraereo | Brazil |
||||||
| Tampa Cargo Tampa Cargo Transportes Aéreos Mercantiles Panamericanos S.A., operating as Tampa Cargo, is a cargo airline based at José María Córdova International Airport in Medellín, Colombia. It is a specialized all-cargo airline transporting flowers from Latin America to Miami, as well as general cargo throughout the... |
Colombia |
Tampa Cargo Transportes Aéreos Mercantiles Panamericanos S.A., operating as Tampa Cargo, is a cargo airline based at José María Córdova International Airport in Medellín, Colombia. It is a specialized all-cargo airline transporting flowers from Latin America to Miami, as well as general cargo throughout the... |
|||||
| VarigLog | Brazil |
||||||
| VIP VIP Ecuador VIP is an airline based at Mariscal Sucre International Airport in Quito, Ecuador. This airline forms part of Synergy Group jointly with Avianca in Colombia, AeroGal in Ecuador and Avianca Brazil .- History :The Ecuadorian VIP S.A... |
Ecuador |
VIP Ecuador VIP is an airline based at Mariscal Sucre International Airport in Quito, Ecuador. This airline forms part of Synergy Group jointly with Avianca in Colombia, AeroGal in Ecuador and Avianca Brazil .- History :The Ecuadorian VIP S.A... |
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| TOTAL | |||||||
See also
- List of Firms with IATA coded air carrier business holdings or subsidiaries in South America