 On 10 December 2004, Avianca concluded a major reorganization process, undertaken after filing for Chapter 11 bankruptcy protection, by obtaining confirmation of its reorganization plan, which was financially backed by the Brazilian consortium, OceanAir/Synergy Group and the National Federation of Coffee Growers of Colombia, allowing the airline to obtain funds for US$63 million, in the 13 months following withdrawal from bankruptcy.Under this plan, Avianca was bought by Synergy Group, and was consolidated with its subsidiaries OceanAir and VIP Ecuador.The company's full legal name was changed from "Aerovías Nacionales de Colombia" (National Airways of Colombia) to "Aerovías del Continente Americano" (Airways of the American Continent), retaining the acronym Avianca.