American Slashes 80% of Flights to Venezuela
American Airlines is joining other carriers in cutting back on flights to Venezuela, the airline said Tuesday. The Dallas-based carrier, which currently operates 48 weekly flights to the country, will reduce its flying to the country by 80%. It will discontinue service linking Caracas, the capital and largest city in Venezuela, and Dallas, New York, and San Juan, effective July 2, 2014. Flights from Miami will continue to operate.
The airline said that the reason for the change was due to a dispute over revenue being held by the South American country. In a written statement, American said that Venezuela is holding on to at least $750 million in revenue that American wants to return to the United States.
American, which has flown to Venezuela for more than a quarter of a century, has a large number of flights to the region.
A spokesman for the airline, Casey Norton, said that it values “our business and longstanding relationships with the government,” adding that the carrier has to cut flights because it has not been able to resolve the dispute.
Other airlines are similarly impacted. According to figures from the International Air Transport Association, a trade group, Venezuela is holding more than $4 billion belonging to airlines because of issues with the country’s currency-control system.
Air Canada suspended all flights to the country in March “Due to ongoing civil unrest in Venezuela.”
(Photo: Accura Media Group)