Transcarga

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Transcarga International Airways Compañia Anonima

IATA N/A	ICAO TIW	Callsign N/A
Founded		October 21, 1998
Hubs		Simon Bolivar International Airport
Fleet size		4
Destinations		18
Headquarters		Caracas, Venezuela
Key people		Julio Marquez Biaggi, CEO Luis Felipe Ayala Villanueva, CFO
Website: Transcarga

Transcarga (International Airways) is a cargo airline based in Caracas, Venezuela. It operates domestic charter cargo services.

[edit] History

The airline was established on October 21, 1998 and started operations in November 2001. It is owned by Julio Marquez Biaggi (with a 48.5% stake) who is Chief Executive Officer (CEO) of the company, and Luis Felipe Ayala Villanueva (with a 48.5% stake) who acts as the companies' Chief Financial Officer (CFO).

A Venezuelan businessman by the name of Julio Marquez Biaggi, also a former pilot for Viasa and KLM, and son of one of Viasa's chairmen, founded Transcarga International Airways in October, 1998. To help with his endeavor, he was joined by Luis Felipe Ayala V, an expert in the area of finances.

Transcarga International Airways, C.A., is a Venezuelan airline, whose main economical activity is the regular shipping of cargo. This company began operations in the year 1998, using capital provided by Venezuelan investors.

Transcarga received its first certification as an airline in Venezuela in the year 2001, in 2002, it received the 402 permit from the US Department of Transportation, enabling it to operate under "wet lease" status to and from the United States, thus generating employment for several Venezuelan pilots.

The airline's services are aimed to the small and medium Venezuelan productors; serving from the internal national market, to the exportation needs of perishable products such as fish, shrimp, vegetables, fruits, flowers, etc. Another key market segment is its couriership service of mail, documents and other packages.

Currently, Transcarga is outsourcing its services to larger companies such as Servicio Panamericano de Proteccion, C.A., DHL, Federal Express (Fed-Ex), UPS, among others.