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Latin America Investment News on Viva Tropical

El Salvador Enters the Budget Airline Business

Article Summary:

The Salvadorian start-up budget airline named Vuelos Económicos Centroamericanos has began to recruit qualified workers and aims to host its maiden flight February 2015 as the nation enters the competition for budget-minded travelers in Central America.

Photo Credit: El Mundo

Original Article Text From el Mundo via Google Translate:

Airline hires staff funded by Alba

The Civil Aviation Authority confirmed yesterday that Alba has invested in the regional airline would offer tickets 50 % cheaper than current .

The airline Cheap Flights Central SA ( CASI ) , whose initial investment is financed by Alba Petroleum, and began hiring staff , confirmed yesterday the Civil Aviation Authority (CAA).

” We have realized that there recruiting technical personnel must qualify pilots, responsible for instruction , flight attendants, the maintenance , management , quality ,” said Roger Menendez, executive director of the AAC . To date , he said, the Authority and accredited about 50 employees CASI .

Menendez confirmed Salvadoran CASI is an investment which has the “financial support ” of Alba Petróleos .

Central Economic Flights began last year the authorization process to operate regional flights at low cost. The CAA reported yesterday, in his act of accountability, the airline has entered the second phase of certification, a total of five that are required for full authorization.

To keep pace , Menendez estimated that in late October or November CASI may advertise for your flights, and be likely to undertake its maiden flight in February.

The airline , the official said , it is proposed to offer 10 daily flights from the International Airport of El Salvador , located in Comalapa , San Luis Talpa . Connect San Salvador with Guatemala , Tegucigalpa , Managua , San Jose and Panama .

The FAA reported that the company will operate 319 aircraft pan-European company , based in France, Airbus , with capacity to carry 125 passengers .

“It will operate as a line of low cost, competitive rates that are not currently charged ( … ) at least 50% less than the rates currently charged ,” said Menendez.

With this transaction, valued at $ 14 million, according to sources FMLN Money destinations Alba continue to expand in different markets. In 2006 came the oil distribution company Alba Petróleos , a joint venture created by municipalities governed by the FMLN , and Venezuelan state company Petroleos de Venezuela ( PDVSA ) .

Since then , Alba has made its way into the niche of food distribution , with Alba Foods , and financial services, Financial Alba . They hope to break into the renewable energy generation in the market for drugs and fertilizers.

Link to Original Article:

From el Mundo

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