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Spanish low-cost airline LTE suspends services

17 October 2008

Spanish low-cost airline LTE says it is suspending services because it cannot cover the cost of operating.A statement on its Web site Friday says the 20-year-old company with bases in Palma de Mallorca, the Canary Islands and Milan, Italy is “‘doing everything to minimize the impact of this suspension of services on its clients and providers.'”

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

source: International Herald Tribune

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