FlyerTalk Forums - View Single Post - AA Cuts Flights to Venezuela- Due to Currency Controls
Old Jun 18, 2014 | 7:25 pm
  #14  
FWAAA
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Originally Posted by roadwarrior84
CCS-MIA has been, for over 2 decades, a top 5 profit generating route for American, thatīs why they didnīt pull the plug earlier. The problems with the government not paying back only started 2/3 years back.
Exactly. The trapped cash represents about three years worth of Venezuelan-originating revenue, or about $250 million a year. That's about one percent of pre-merger AA's total revenues.
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