This airline is making a profit flying out of Caracas

Newbie airline Latin American Wings is going where others fear to tread: crisis-ridden Caracas. Even more remarkable, it’s making money. The Santiago-based carrier has been turning a profit by flying immigrants to Chile from Venezuela and Haiti since it started operating early last year, CE Andres Dulcinelli said. Flights arrive in Santiago full and leave half empty as immigration to South America’s wealthiest nation soars. While companies such as Delta Air Lines, Latam and Avianca have nixed flights to Caracas on security issues and the near impossibility of getting money out of the country, LAW has expanded. It’s secret? A deal with local carrier Aerolineas Estelar Latinoamerica, which takes care of the hassle of converting bolivars into dollars. Now, the airline is planning to increase flights to Caracas and across Latin America. <br/>