Latin American Flag Carrier
MANAGUA,Nicaragua–The Venezuelan flag carrier CONVIASA (Consorcio Venezolano de Industrias Aeronauticas y Servicios Aereos) started one weekly flight connecting Caracas with the Nicaraguan capital. The second Central American city after CONVIASA started daily flights to Panama City. The airline is going through expansion plans that include new Brazilian Embraer E-190s. In addition to Managua and Panama City the flag carrier connects Caracas with Bogota, Colombia; Buenos Aires, Argentina; Dominica, Grenada, Havana, Cuba; Madrid, Spain and Port of Spain, Trinidad & Tobago. Future cities include Georgetown, Guyana; Lima, Peru; Manaus and Sao Paulo in Brazil; Mexico City; Paramaribo,Suriname; San Jose, Costa Rica; San Salvador, El Salvador; and Santa Cruz, Bolivia. It also has been rumored CONVIASA will try to start non-stop flights to Miami, Florida or in any case via Managua. The airline has a fleet of one Airbus A-340-200, two Boeing 737-300, four Bombardier CRJ700 and six Embraer E-190s.
BUENOS AIRES, Argentina. — On March 18th 2013, an article by Francisco Olivera in the Argentinian newspaper LA NACION, declared the government will have to funnel up to $574 million dollars in order to keep the airline running during 2013. Since July 2008, when the Argentinian government took over the ill managed flag carrier and nationalized it, Buenos Aires has given up to $3566 million dollars. Interestingly enough this monumental aid equals to three times the value of American Airlines ($1009 million dollars) and just a little bit more of the value of the French flag carrier Air France ($3200 million dollars). Aerolineas Argentinas is the only state-run airline in Latin America that is part of a global alliance (DELTA’s Skyteam), but just after 5 years, a very expensive flag carrier for the populist government of Cristina Fernandez.