Chiguire From Venezuela, joined Sep 2004, 2005 posts, RR: 14 Posted (7 years 11 months 2 weeks 6 days 19 hours ago) and read 3159 times:
After almost being bankrupt with debts of estimated 100 million US$, Aeropostal Alas de Venezuela was purchased by some businessmen from state of Carabobo.
In a press release the president of the company announced to invest a significant amount of money to bring the fleet size back to 20 aircraft (form now 4) by the end of the year.
He announced that the airline would increase the frequencies on domestic routes as well as return to the routes left some months ago step by step due to money an fleet shortage.
Aeropostal also plans to return to their international destinations e.g. Bogotá and Lima as well as start services to Central America (I guess Panama and Costa Rica).
Flights to Europe are planned after consolidation phase. Aeropostal is still holding traffic rights to FRA, AMS, ZRH, LON and PAR (not sure about MAD).
The bad news: The new owners are very close to the current Governor of Carabobo state, famous for their corruptions, so we know where the money comes from. At least it assures the airline a lot of advantages within the authorities.
Civilav From Mexico, joined Oct 2004, 391 posts, RR: 11
Reply 3, posted (7 years 11 months 2 weeks 6 days 16 hours ago) and read 3040 times:
I guess they will inject cash... as you rightly point out, they need to launder it !! However, Europe is far and distant into the future. Even Conviasa with an A340 in its inventory has been unable to start services !!
Interesting thing here, though, that the money source that was used to purchase Santa Barbara in the 4th Q of last year and to prop up Aserca Airlines (plus open up a new venture at Maiquetia airport in Caracas to handle aircraft maintenance on a big scale) seems to be the same one now buying Aeropostal (the deal was sealed over the Christmas holiday in Florida). Are we seeing the process of some future airline consolidation in Venezuela when 3 important local airlines are de facto in the same hands ?
PRAirbus From Puerto Rico, joined Apr 2005, 1190 posts, RR: 1
Reply 5, posted (7 years 11 months 2 weeks 6 days 8 hours ago) and read 2883 times:
Ha, ha, ha...blah, blah, blah!!! Do you really believe all those plans will take place??? Believe it when you see it...I do not think I'll happen. They have no capital, no one in Europe knows about them...will they be able to lease modern widebody jets to compete? Perhaps they'll get hold of a pair of old widebody jets and launch a hit or miss operation plagued by delays and irregular schedules to Europe. Caracas-Europe is a busy market with plenty of competition, they will fail.
Rleiro From Venezuela, joined Jan 2006, 511 posts, RR: 6
Reply 8, posted (7 years 11 months 2 weeks 6 days 4 hours ago) and read 2766 times:
Quote: In a press release the president of the company announced to invest a significant amount of money to bring the fleet size back to 20 aircraft (form now 4) by the end of the year.
I wonder where they will put the base for this 20 aircrafts, considering that CCS and VLN are Aserca's base, MAR is Venezolana's, BLA is Avior's, and PMV is Rutaca's. All of them with a consolidated customer base and a fierce competition between each other.
If they are not able to place themselves in the domestic market, I highly doubt they will succeed in the international one.