Avensa faces few options after fellow Venezuelan carrier Aserca dropped its joint venture plans and a government commission has decided not to come to the rescue. Even if Avensa's shareholders ...

Avensa's initial target is to carry 4,000 passengers per month. For connections beyond Madrid, Avensa will code share with Air Europa to Milan, Paris, Oporto, Lisbon and major cities in Spain.

Venezuela's Avensa Airlines has rejected a buy-out bid by Aeropostal in favour of a joint operations plan with Aserca. Aeropostal proposed to take over Avensa by paying $20 million for 80% of its ...

Negotiations are under way between Aeropostal and Avensa to create a Venezuelan commercial aviation consortium that would provide services to both carriers while each continues to operate on its ...