AVENSA


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AcronymDefinition
AVENSAAerovias Venezolanas, SA
References in periodicals archive ?
Avensa is also negotiating a similar agreement with investors in Maracaibo.
Avensa is also looking for an investment partner to invest around USD30m to enable to airline to pay part of its debts.
Avensa's debt apparently amounts to about USD52m and some USD30m of that is short term.
Avensa has indicated that it requires about USD30m in order to stay afloat in the initial stage of the restructure.
Under the agreement Avensa Airlines will have to reduce its workforce by 40%, buy six modern jet aircraft and pay off its debts, all of which will cost some USD53m.
"I was already outside general counsel for Avensa," the airline that would later crash into bankruptcy in 2002, Meyer said.
VISIT the Croatian city of Dubrovnik from pounds 139pp, if you fly with Avensa from London between March 28 and November 2.
Boulton, whose family owns Avensa airline, was kidnapped July 15, 2000, on his family's ranch 240 km southwest of Caracas, in Venezuela.
Venezuelan carrier Avensa has had one of its aircraft grounded in Miami, USA for six days after it apparently failed to pay some debts to the local airport.
At least through the end of 1993 Venezuela was implementing this law; for example in November the antimonopoly authorities barred the local airline Avensa from participating in bidding for the privatization of Venezuela's other local airline, Aeropostal, to avoid the creation of a dominant market position for Avensa within the country.(60)
* Venezuelan airline Santa Barbara will take over Avensa's passenger service to Spain as part of an alliance arrangement between the carriers.