Avensa was created in 1943 as a cargo airline by a Venezuelan businessman and Pan American World Airways. By 1944, Avensa had started passenger flights. After World War II DC-3 Dakotas were added to the fleet. These were the backbone of the fleet until 1955. Avensa had set up an extensive domestic route network by the beginning of the 1960s. Avensa merged its international routes with the international routes of LAV (Aeropostal) and the resulting network was the basis for a new international Venezuelan airline called Viasa. Pan Am sold its holding of Avensa to the Venezuelan government in 1976, making it completely state-owned. A fleet renewal program was set in motion at the end of the 1980s but the new aircraft was returned during the 1990s when Avensa flew into financial difficulties. Avensa overtook many of the international routes formerly flown by Viasa after that airline collapsed in 1997. Avensa operated a smaller low-cost airline called Servivensa. Avensa is currently serving only a domestic network.
Source: Wikipedia
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