Tags: Ecuador | Venezuela | Tame | airline

Ecuadorean Airline Halts Flights to Venezuela

Ecuadorean Airline Halts Flights to Venezuela

Friday, 24 January 2014 09:09 AM EST

QUITO, Ecuador — The Ecuadorean airline Tame says it is suspending its once-daily flights to and from Venezuela until that country's government pays it $43 million owed for ticket sales.

Tame General Manager Fernando Guerrero says the flights are halted effective Thursday.

Venezuela's airlines association chief Humberto Figuera told The Associated Press that the government owes carriers a total of $3.3 billion for January alone.

The airlines are victims of Venezuela's rigid currency controls that prevent carriers from repatriating earnings.

At the same time, the bolivar has plunged to a tenth of its official value on the flourishing black market, making tickets sold in Venezuela some of the cheapest in the world.

Venezuela owes bigger airlines such as Colombia's Avianca tens of millions of dollars.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


TheAmericas
Ecuador,Venezuela,Tame,airline
124
2014-09-24
Friday, 24 January 2014 09:09 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved