Latin America’s biggest airline Latam said Thursday it was cancelling 30 percent of its international flights for a two-month period due to falling demand over the coronavirus scare.
The measure will apply mainly to flights from South America to Europe and the United States between April 1 and May 30, the company said.
The Chilean-Brazilian airline is facing “a complex and extraordinarily dynamic scenario” and needed to safeguard “long-term sustainability” for its 43,000 employees, Vice President Roberto Alvo said.
The company also said it would “suspend new investments, expenses and contracts,” given coronavirus-related travel restrictions on its routes.
The International Air Transport Association (IATA) said last week the virus could cost airlines $113 billion in revenue this year.
![Pinterest](https://pinterest.com/pin/create/button/?url=https://arynews.tv/airline-flights-suspend-coronavirus/&media=https://arynews.tv/wp-content/uploads/2020/01/New-airline-in-pakistan.jpg&description=The airline also said it would "suspend new investments, expenses and contracts," given coronavirus-related travel restrictions on its routes.){kind=link}