The Strategist

Bolivian airlines asking authorities for $100M help

06/09/2020 - 05:53

Bolivian airlines are asking the authorities for $ 100 million in aid due to a serious drop in traffic amid the pandemic, El Deber reported, citing Amaszonas Executive Vice President Luis Verdú.

This major carrier, whose routes connect Bolivia with other Latin American countries, has sent the government a proposal for a package of measures to support the industry.

Funds of $ 100 million are needed by Amaszonas, Ecojet and the main carrier Boliviana de Aviación (BoA). According to Vera, BoA has already been promised 52 million of the total amount of support the industry is asking for.

In addition, Amaszonas asks to reduce the cost of fuel for domestic transportation by 50% for three years, and it is necessary to halve airport charges. The company also asks for an installment plan of tax payments for 84 months without penalties and fines.