Fino Cambur

Cool Bananas

Default, But Not As You Know It

Air travel is now getting more and more sketchy. I’m thankful we have tickets purchased through October, but after that? It may be nice to have an excuse to travel domestically for a while.

Caracas Chronicles

First it was Air Europa. Then Iberia, Lufthansa, Air France, Avianca (Colombia), Tame (Ecuador), Air Canada, Aerolíneas Argentinas, TAP (Portugal), COPA (Panama), American and United. One after the other, the airlines lined up to announce they will no longer sell tickets in bolivars, as the government is now $2.8 billion in arrears in settling its Forex obligations to them.

This write-up in La Voz de Galicia(insert favorite gallego joke here) is eye-opening in all kinds of ways. At this point, bolivar-holders are basically cut off from the rest of the world via air. Even if you have dollars, you can’t get a one way CCS-MIA ticket for less than $1,800. (Bizarrely, MIA-CCS tickets cost a sixth as much.) It’s crazy.

Of course the airlines are only the most literal aspect of our dollar-drought driven disconnect. In a port economy that had already been hollowed out by a generation’s worth…

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This entry was posted on January 30, 2014 by in Michael and tagged .

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Neverita

Neverita

I'm a mom to an amazing little boy, wife to a supportive and adventurous husband, teacher in an international community, and lover of gardening, reading, cooking shows, lattes, and sharing.

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