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In a move reminiscent to American cutting flights to Venezuela, Lufthansa has announced that as of June 18, they will suspend their Frankfurt to Caracas flight, citing issues with the country’s currency controls and economic woes.

The suspension does not have an end date and as the situation in Venezuela continues to deteriorate, I doubt this will be the last airline to announce such a suspension. With it becoming increasingly difficult to get revenues out of the country, the viability of operating a business in Venezuela is losing proposition.

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