Latin America’s largest airline, Chile-based LATAM Airlines, said on
Monday May 30,2016 it would suspend its flights to Venezuela due to the “economic
scenario”, following a similar decision by Lufthansa over the weekend.
“Owing
to the current complex macroeconomic scenario in the region, LATAM
Airlines has announced adjustments to its destination network... it will
suspend temporarily and for an undefined time its operations to Caracas
airport,” the company said in a statement
On Saturday May 28,2016, German airline Deutsche Lufthansa AG also said it was
halting Caracas-bound operations. It is owed more than $100 million in
ticket revenue, it said.
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