LATAM Airlines to suspend Venezuela flights
SANTIAGO - Latin America's largest airline, Chile-based LATAM Airlines, said on Monday 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, 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.
