News Listings for AVENSA

  • AB25: Copa chief executive Pedro Heilbron

    News | 22 Nov 2010 10:00

    Twenty-five years ago, few would have imagined that today Latin America would be among the leading regions in the world in terms of economic growth and development. Even fewer would have dreamed of Latin America's airlines being in the top echelon of this competitive aviation industry writes Pedro Heilbron
  • Venezuela transfers Conviasa to tourism ministry

    News | 08 Jun 2005 11:27 | Rainer Uphoff

    <body lang=EN-GB style='tab-interval:36.0pt'> <div class=Section1> <div> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><st1:country-region w:st="on"><st1:place w:st="on">Venezuela</st1:place></st1:country-region></st1:place></st1:country-region>’s Government has transferred 80% of the shares of state-owned start-up carrier <span class=SpellE><span class=spelle>Conviasa</span></span> from the ministry of production and commerce to the ministry of tourism.</p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>The remaining 20% of <span class=SpellE><span class=spelle>Conviasa</span></span> is held by another agency which is also part of the ministry of tourism.</p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>This unifies the full control over the airline under tourism minister <span class=SpellE><span class=spelle>Wilmar</span></span> Castro who had been previously the
  • Venezuela plots new state carrier

    News | 26 Sep 2003 11:18 | Rainer Uphoff

    <body lang=EN-GB style='tab-interval:36.0pt'> <div class=Section1> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>Venezuelan vice minister for tourism and former president of grounded carrier Avensa, Wilmar Castro, has revealed the Government is considering creating a new state-owned airline.</p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>Castro made the announcement during a press conference held at a French tourism event. “The airline will be a successor to VIASA and will be called CONVIASA,&quot; he said.</p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>&quot;Initially it will operate domestic flights because private airlines have left many domestic air transport needs unattended,” he says. “In a second phase it will start flying to neighbouring countries and, finally, to Europe and the USA. </p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bot
  • Avensa grounded

    News | 01 Jul 2003 00:00

    <p>The weakest of Venezuela's airlines has succumbed to its political and economic chaos. Avensa parked its last four aircraft at the end of May, blaming a 50% plunge in traffic over the past two years. If and when conditions improve, Avensa hopes to fly again.</p>
  • Avensa temporarily suspends ops & parks aircraft

    News | 29 May 2003 21:02 | Rainer Uphoff

    <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>Venezuelan carrier Avensa has temporarily suspended flight operations and parked its Boeing 727s citing a severe slump in demand for air travel.</p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>The airline says continuing political and economic turmoil in the country has badly affected its operations. The airline has two 727-200s and two –100s.</p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>An Avensa spokesman says: &quot;The grounding of our Boeing 727s is a response to the drop in demand of air traffic, which less than 50% compared to 2001 traffic.</p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>“Some time ago we dropped our international routes to Quito, Lima, Bogota and Madrid, which are now operated by Santa Barbar
  • Alliance maker

    News | 01 Apr 2003 00:00

    <p>Juan Emilio Posada is overseeing the integration of three airlines that may become a Latin American model</p> <p>Midway through its integration, the Summa alliance represents the biggest voluntary consolidation of Latin American airlines in modern history. And if recent events are any sign, it may become the model for several more.</p> <p>Juan Emilio Posada never dreamed he would pilot such a pioneering project, but the forces driving consolidation in Latin American aviation are like the tide no one can stop. And, with his characteristic attention and precision, Posada is converting Colombia's crippled carriers - Avianca, Aces and SAM - into Latin America's sixth largest airline, and even more notably, into one that looks likely to make a profit. And just as he conferred with Robert Milton about Air Canada's takeover of Canadian Airlines, Posada expects management teams from Varig and TAM to beat a path to his door.</p> <p>Airline mergers are never routine. Each must confront its