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Freddie Stubbs

(29,853 posts) Tue May 31, 2016, 01:49 PM May 2016

Second airline suspends flights to Venezuela

Source: Springfield Business Journal

The largest airline in Latin America, Latam, is suspending its flights to Venezuela because of the worsening economic situation.

The move came a day after Germany's Lufthansa suspended flights to the country.

The decisions occur as oil-rich Venezuela faces high inflation and a shortage of basic goods due to the global drop in oil prices.

Read more: http://sbj.net/Content/Default/TIB/Article/Second-airline-suspends-flights-to-Venezuela/-3/935/105390

4 replies

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Second airline suspends flights to Venezuela (Original Post) Freddie Stubbs May 2016 OP

Airlines can't get paid in dollars. At this rate the only airline flying to COLGATE4 May 2016 #1

If they can buy fuel or parts. n/t christx30 May 2016 #2

Fuel is a problem. Parts, well, so long as the plane can take off... COLGATE4 May 2016 #3

Makes sense whatthehey May 2016 #4

COLGATE4

(14,732 posts)

1. Airlines can't get paid in dollars. At this rate the only airline flying to

Reply to Freddie Stubbs (Original post)

Tue May 31, 2016, 04:01 PM

May 2016

Venezuela will be the national flag carrier VIASA.

christx30

(6,241 posts)

2. If they can buy fuel or parts. n/t

Reply to COLGATE4 (Reply #1)

Tue May 31, 2016, 04:07 PM

May 2016

COLGATE4

(14,732 posts)

3. Fuel is a problem. Parts, well, so long as the plane can take off...

Reply to christx30 (Reply #2)

Tue May 31, 2016, 04:09 PM

May 2016

whatthehey

(3,660 posts)

4. Makes sense

Reply to Freddie Stubbs (Original post)

Tue May 31, 2016, 04:27 PM

May 2016

Supplies they need are hard to come by, the "natives" are getting restless and eventually the corrupt dictatorship will try to cling on (or failing that cash out) via confiscated assets. Who'd want to take that risk?

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