Avianca airlines are seeking separate partners, Efromovich says

Avianca Holdings and Avianca Brasil, the two airlines controlled by the Efromovich brothers, are seeking separate international partners while maintaining a long-term goal of merging, Jose Efromovich said. “We are under confidentiality agreements’’ and many companies have shown interest, Efromovich, the chairman of Avianca Brasil, said. “We are looking for a partner anywhere in the world. In the Middle East, in Europe, in the US, in the Americas. Everything is possible, but it needs to make sense.’’ Avianca Holdings hired Bank of America Corp as an adviser, Efromovich said. He declined to identify who is advising the brothers’ closely held holding company that owns Avianca Brasil or provide any other details of the negotiations. <br/>