05 Oct 2019 | 04:59 AM UTC
Peru: Peruvian Airlines suspends all operations from October 4
Representatives of Peruvian Airlines announces the suspension of all operations from October 4; associated disruptions expected
Event
Representatives of Peruvian Airlines announced on Friday, October 4, that the company has suspended all flight operations until further notice due to a lack of liquidity. The airline said that it is still looking for new investors in order to re-float the company.
Context
On September 30, Peruvian Airlines said it was forced to cease flights for half a day due to being unable to pay fuel providers. The incident impacted sales and cash flow to an extent it said it could not recover from.
Advice
Impacted travelers are advised to monitor developments to the situation and to contact the airline for more information.