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From AAC’s assertion:
Panama, December 13, 2020. The AAC announces that Panama and Venezuela currently have an equivalent bilateral air frequency settlement up to date in 2015, which in theory gives each individual region obtain to up to 63 weekly frequencies on either route.
Nonetheless, as a end result of the pandemic, both nations around the world have lessened to a minimal the variety of flights among the two countries, a problem that has been unveiled on the Panamanian facet, but which does not rely with the reciprocity of Venezuela.
When Panama has granted up to 9 flights a week to Venezuelan airlines, Venezuela only lets 3 flights a 7 days to the Panamanian airline, citing limitations because of to the Covid-19 pandemic.
On December 7, 2020, and beneath the unequal circumstances explained higher than, the Venezuelan facet asked for Panama to further more maximize frequencies for its airlines, without having but giving up the obtain needed by the Panamanian facet.
Dependent on the Bilateral Air Arrangement, Panama asked for from Venezuela a therapy of reciprocity and equity in the flight frequencies, as the only affliction for the approval of the additional flights proposed.
Even so, on Friday, December 12, 2020, Venezuela proceeded to unilaterally terminate, with no prior observe and without having justification, the 3 weekly flights of the Panamanian airline.
Supplied this condition and the lack of honest and equal therapy that has been created for months, the CAA has been obliged to terminate from this day, the entry to Panama of the Venezuelan airways till the flights required by the Panamanian airline are approved and the equal and honest remedy agreed in the recent bilateral arrangement is reestablished.
Argentinian Airways Suspend Flights to Caracas
An introduced has been produced of a definitive deprogramming of the weekly flight that operated between Buenos Aires and Caracas, citing operational motives.
Currently in August the airline functioning less than the Argentine flag had introduced the suspension of the tickets sales for this flight. Now the company has introduced the deprogramming of its weekly flight in definitive variety.
Venezuela Copa Decreases Frequencies
The airline will be minimizing the variety of daily flights amongst Caracas and Panama from 3 to two and removing the day by day frequency from Caracas to Medellin, amid other alterations.
The challenges confronted by airways in running payments for ticket revenue in pounds via the Venezuelan forex system has led various companies to lower their frequencies, as is the scenario for Panama’s Copa Airways.
American Airlines Reduces Flights to Venezuela by 80%
Starting off July 2nd the quantity of frequencies to the South American nation will be minimized from 48 to 10 for each 7 days and flights from New York, Dallas and San Juan, Puerto Rico will be canceled, holding only the Miami – Caracas route.
The motive powering the final decision of the U.S.
Extra Flights on Panama – Peru Route
The new settlement in between the aeronautical authorities of both equally countries expands weekly flights by Copa from 28 to 35 flights.
Immediate flights have also been extra to the Peruvian town of Iquitos, which Copa Airlines will go over from September.
“Past year, Panama also expanded its aviation agreement with Mexico, developing 11 new frequencies to the Mexican money, and the opening of a few new destinations in the Aztec nation.