LatinPlane
Posts: 2480
Joined: Mon Dec 27, 1999 11:05 am

Avensa/Servivensa Near Bankruptcy

Thu Jun 14, 2001 2:03 am


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Photo © Dennis iskra



It was reported yesterday (CNN en Español) that Venezuela's main international airline Avensa and it's subsidiary Servivensa are close to shutting down according to some airline analyst. The airline is currently being sued by its fuel suppliers for not paying its fuel bills and the step was taken because it is believed that Avensa/Servivensa will not survive. Avensa/Servivensa already cut much of its domestic services leaving only two destinations in the country and the international network, which spans: Miami, Quito,Bogota, and Madrid.

It looks like Aeropostal will be the only airline left strong enough to take over the gap that will be left over by the demise of Avensa. Aeropostal currently codeshares with Avensa on the Caracas - Madrid route. Venezuela hasn't been able to recover its once prestigious airline industry since Viasa shut down in 1997.

Best regards,
A, Diaz




Pan Am - The World's Most Experienced Airline.
 
LJ
Posts: 4147
Joined: Wed Nov 17, 1999 8:28 pm

RE: Avensa/Servivensa Near Bankruptcy

Thu Jun 14, 2001 4:12 am

I was in Venezuela on holiday last week and according to our tour guide Avensa is planning to focus on it's two hotels in Venezuela (Capiamento Canaime and Los Christianos if I'm correct) and all non-hotel activities would be shut down, so I think the report is quite accurate.

Regards
Laurens
 
GARUDAROD
Posts: 1139
Joined: Wed Apr 19, 2000 4:39 am

RE: Avensa/Servivensa Near Bankruptcy

Thu Jun 14, 2001 7:16 am

There is an AVENSA DC10 with a different paint scheme then the one above that has been sitting at MIA for
about 2weeks now...anybody know is this a replacement aircraft they cant afford now...or a plane
in for maintenance...FYI...the top of the tail
above the #2engine is painted white on this aircraft..
Cargo doesn't whine, moan, or complain
 
LatinPlane
Posts: 2480
Joined: Mon Dec 27, 1999 11:05 am

Garudarod

Thu Jun 14, 2001 12:15 pm


Avensa used to operate 2 DC-10-30's, now they just operate one for the Caracas - Madrid route that flies 3x's a week.

Best regards,
A. Diaz
Pan Am - The World's Most Experienced Airline.
 
atlasair
Posts: 99
Joined: Sat Jun 05, 1999 11:43 pm

RE: Avensa/Servivensa Near Bankruptcy

Fri Jun 15, 2001 2:44 pm

The aircraft you are talking about is on the bottom picture and yes it's parked out side Commodore's hanger in miami

AtlasAir
 
charvett
Posts: 81
Joined: Fri May 04, 2001 1:31 am

RE: Avensa/Servivensa Near Bankruptcy

Fri Jun 15, 2001 8:49 pm

What's happening these days in AVENSA is the long term effect of unclear strategies, capital abuse, government issues and a general deterioration of the quality, elements, human resources & equipment. Those hulks at the right of the picture were bought new a few years back! The new management appointed (under the leadership of W. Castro) put some order in the house; and we are backing them. More news to come as positive results are showing. But, there's still a long way to go in order to save PAN AM's Latin sister.



 
trintocan
Posts: 2728
Joined: Sun Apr 23, 2000 6:02 pm

RE: Avensa/Servivensa Near Bankruptcy

Fri Jun 15, 2001 9:26 pm

That is really a shame. Many years of history seem about to come to an unhappy end. Venezuela really needs some new blood in its airline industry. I will agree that the demise of VIASA left a gaping hole which has yet to be filled.

Trintocan.
Hop to it, fly for life!

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