By the mid-1980s the good times for Venezuela were well and truly over. The currency had been devalued in 1983 unleashing an economic crisis, the nation was deep in debt and corruption was on the rise. The national airlines, VIASA and Aeropostal, were struggling but AVENSA, under the leadership of Henry Lord Boulton, used the situation to unleash his own brand of 'savage capitalism' which would enable AVENSA to thrive, at least for a short time.
Nowadays Venezuela is in a sorry state, wracked by economic collapse, hyper-inflation and a dictatorial regime. The pathway to this has been long and complex and has gradually taken a toll of the airline’s once rich aviation scene, so that only a handful of airlines survive and connections with international destinations are sporadic. One of the highest profile failures was that of AVENSA who had started operations in 1943.
I'm Richard Stretton: a fan of classic airliners and airlines who enjoys exploring their history through my collection of die-cast airliners. If you enjoy the site please donate whatever you can to help keep it running: