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The Latin American and Caribbean Air Transport Association (HIGH) and the Bolivian Airlines Association (ALA) warn about an imminent collapse of air connectivity in Bolivia.
The Latin American and Caribbean Air Transport Association (HIGH) and the Airline Association Bolivia (ALA Bolivia) have raised alarms about the serious situation that the sector is going through due to the measures imposed by YPFB Aviación.
Bolivia on the verge of missing its flights
The demand for payments in dollars and bolivianos, plus other restrictions, has pushed airlines to a limit. The shortage of foreign currency and high costs for international remittances have put the sustainability of air operations in the country in check..
These actions, which include the requirement of divided payments 50% in Bolivians (BOB) and 50% in US dollars (USD), cash payments and the return of advances previously made, They represent a direct blow to the sustainability of air operations in the country.
Catastrophic consequences
Aviation is a fundamental pillar for the Bolivian economy. tourism, The country's international trade and connectivity largely depend on air transport. A collapse in this sector would have a devastating impact on millions of citizens and the national economy..
A call to action
ALTA and ALA Bolivia urge the authorities to take immediate measures to guarantee the continuity of air operations. Among the main demands are:
- Flexibility in payments: Allow payments in bolivianos and eliminate cash requirements.
- Access to currencies: Guarantee priority access to foreign currency for the sector at the official exchange rate.
- Urgent dialogue: Start a dialogue between all parties involved to find sustainable solutions.
If you don't act on time, Bolivia I could be disconnected from the world, with serious consequences for its economy and its population.
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