itravelnet.com - Travel Directory

Airline News

Airline News

AIRLINE NEWS


Saturday, October 18, 2008
 

Spanish airline LTE suspends services


The Spanish low-cost airline LTE said Friday that it was suspending services because it could not cover the cost of operating.

A statement on its Web site Friday said the 20-year-old company with bases in Palma de Mallorca, the Canary Islands and Milan, Italy was "doing everything to minimize the impact of this suspension of services on its clients and providers."

It added that "it just was not possible to avoid this situation given world events lately."

The company which runs flights from Spain to England, Italy and Saudi Arabia, has 300 employees and a fleet of seven Airbus 320s.

nytimes.com

Labels: ,


Home |  About |  Contact |  Disclaimer |  Privacy Policy |  Sitemap |  Travel Merchants |  Add a travel site |  Advertise Copyright itravelnet.com itravelnet.com - Travel Directory | All Rights Reserved