Dynamic Airways Starts Countdown to Caracas

[Judi Lynn]

Dynamic Airways Starts Countdown to Caracas
By Roberto Leiro / Published June 24, 2015

Dynamic Airways (2D/DYA) has announced the start of daily service between Fort Lauderdale and Caracas, the capital city of Venezuela as of next July 17, making the airlines’ first service to the Latin American country and the first airline to open flights to Venezuela in three years.

The last airline operating flights between both cities was American Airlines (AA) between 2005 and 2006 for a short time, as the route was dropped in favor of strengthening AA’s Miami hub. Later on, in 2007, Spirit filed an application with the Department of Transportation and INAC Venezuela to exploit the route. However, the authorization from Venezuelan authorities has not been granted so far.

According to Bill Grey, Chief Marketing Officer, Dynamic Airways “This new route gives our customers direct daily access between these two key markets for the first time and will also provide customers with highly demanded low-cost service from South Florida to Caracas and further.”

At the present time most of international carriers serving Venezuela opted to reduce frequencies or suspend service given the lengthy delays in the repatriation of their incomes for ticket sales and cargo space since 2013. During the 71st IATA Annual General Meeting held in Miami in early June, Peter Cerda, IATA’s Latin America Regional Vice President admitted “We hadn’t had any relevant progress in the negotiations so far and, to be honest, we don’t believe we will see any advances in the coming two years.” The outstanding amount nears 3.6 billion dollars.

More:
http://airwaysnews.com/blog/2015/06/24/dynamic-airways-starts-countdown-to-caracas/

[COLGATE4]

1. Which will continue as long as tickets are

purchased in the US. Otherwise, look for them to go bankrupt waiting for the money from ticket sales in Venezuela.