Venezuela: Shrinking purchasing power causes decrease in demand for air travel for Carnival

Posted on February 7, 2013 • Filed under: Business, Latin America Aviation, TRAVEL, Venezuela reported that the president of the Airline Association of Venezuela (Alav), Humberto Figuera said the demand for tickets for the carnival season was down 15% from last year. “From the experience of previous times we know that when carnivals falls very close to the holidays of Christmas and New Year demand, while high, does not reach the heights of years where there is greater distance between Christmas, New Year and Carnival. Surely that is due to the shrinking purchasing power costs by December, “he said. Read Article

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