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# Monday, 20 October 2008

The Spanish airline LTE International has suspended operations because of serious financial difficulties. LTE stopped taking bookings last Thursday after it announced it could not cover costs for the next few days. The company said that several thousand passengers had been affected by the cancellation of flights. Some customers were also stranded in Spain. LTE currently run flights from Spain to the UK, Italy and Saudi Arabia. They employ 300 staff and have a fleet of seven Airbus 320s. The company has said that it will refund the cost of stranded customers flights but that it is unable to provide alternative transport. It has also said that around 3500 LTE passengers had their charter flights from Tenerife to Europe cancelled and that tour operators are legally obliged to find these passengers an alternative carrier.