Aserca, Avensa Will Ally But Not Merge

To clarify initial press reports last week, Julian Villalba, chief executive of Venezuela's Aserca, said his carrier is not merging with financially strapped Avensa but is forming a strategic alliance for joint route coverage to benefit from high-scale economics. He explained that through an actual...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.