Airlines Flee Venezuela as the Economy Takes a Tailspin.

Tourism isn’t exactly what springs to mind when you think of Venezuela, but perhaps it should. The nations under-sung beauty is truly remarkable. Variety? Venezuela has it in bucket loads! Stunning mountainous peaks of the Andes, Caribbean beaches, and islands that can only be described as paradise. Then there’s Angel Falls, the highest waterfall in the world. So what’s gone wrong?
The economy, almost entirely based on oil, is in a tailspin. Oil prices are really low right now explained an expert from My Space, revenue from this state-run cash generator is down as a result and that means the government is struggling to pay its bills. Just when you thought it couldn’t get any worse, the airlines take off. First Lufthansa cancelled flights, then Latam followed. With other airlines already grumbling, it is quite likely that they too will join the exodus.

Tourism perhaps could be one of the solutions to the economy for Venezuela says Secretary Danilo Diaz, but now, getting there will be a whole lot harder! Airlines are not charities and their bottom lines matter. If they can’t get paid in hard currency, passengers or not, they will of course fly elsewhere.

For Venezuela, an already tough situation just got that little bit harder. How much longer the nation’s long-suffering population can bear one hit after another remains to be seen.

Leave a Reply