The airline of Salvadoran origin will suspend its operations for three months to resolve "financial problems" and a carry out restructuring.
The airline that in late 2014 announced flights between the capitals of Central America for $199 for two people, is now facing financial problems that has forced it to close its operations for at least three months in order to restructure the company.This was confirmed to Elsalvador.com by the principal adviser to the group ofcompanies Alba and by Vuelos Económicos Centroamericanos (CASI), José Luis Merino.
In Panama the housing rental business has ample room to grow when compared with similarly developed economies.
"This has caught the attention of many local entrepreneurs and foreign investors who see a great opportunity in this business and who have routed their efforts to ensuring that housing is developed exclusively for the rental market", reported Capital.com.pa.
A further drop in Panama real estate prices along Balboa Avenue has not materialized in 2012 and there are strong indications that a major correction in residential real estate prices in Panama will not arrive anytime soon. Over 90% of the new residential towers along Balboa Avenue are now complete, with almost 30% of that new inventory coming on line in the last 12 months, yet prices have come down by less than 2%.
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