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Copa Airlines announced a 40% seats reduction in their flights to Venezuela

Copa Airlines announced a 40% seats reduction in their flights to Venezuela

Posted by Dubraswka Aguilar on May 13, 2014

The panamanian airline Copa will reduce about 40% the number of seats in their flights to Venezuela from the second quarter of the year, seeking protection for the debt in bolivares due to the exchange control in Venezuela, said the company executives.

The airline director, Pedro Heibron, said through a recent conference call, that despite the seats reduction, they all plane to have a very frequent and reliable service  to Venezuela, pointed Reuters.

All the airlines operating in this country have been in trouble to find foreign currency  due to the delayed exchange control system made by the Venezuela's Government. 

The International Air Transport Association (IATA) said that Venezuela has to pay its airline debt for 3.9 $ billions due to the ticket sales.

The panamanian airline, which it has Caracas, Maracaibo and Valencia in its destinations, joins another companies of this industry that have also  reduced their flight seats in the last couple of weeks. Copa Airlines said this measure could have at leats one percentage point impact in a year, and added that they may increase tehir routes to Southamerica and Northamerica in a 10%. 



 

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