Venezuelan airline Conviasa and Argentinean carrier Aeroregional entered into an agreement to establish Caracas-Buenos Aires route, and some other destinies in Latin America, named after Che Guevara, with prices below 20 percent of market average tariffs.

An additional, salient issue in the letter of intent is transportation of equipment and passengers from the South to Caracas as part of Miracle mission, a Venezuelan government health care initiative, according to a press release from the Tourism Ministry.

Previously, Conviasa entered into a similar agreement with Uruguayan airline Pluna. "We are working on integration of Southern airlines. We have held talks with Pluna and now with Aeroregional, i.e., we are paving the way for future integration with a view to consolidating a large Southern airline to be called Aerosur," Tourism Minister Wilmar Castro Soteldo commented.