Avianca, part of the airline group AviancaTaca Holdings, has signed $500m order for four Airbus A330-200 freighter aircraft, which will be operated by its cargo subsidiary Tampa.

The A330-200 freighter will replace Tampa’s current cargo fleet and play a key role in expanding Avianca’s international cargo business.

The order will make Avianca the first operator to receive the A330-200 freighter in Latin America.

AviancaTaca and its subsidiaries already operate seven A330-200 passenger aircraft and 81 A320 family aircraft.

The A330-200F can carry up to 70t of payload and offer a range of up to 4,000nm.