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Old Mar 11, 20, 8:37 am
  #12  
ramzi
 
Join Date: Mar 2018
Posts: 65
Originally Posted by LiHS View Post
I think it has more to do with the situation in BEY - and nothing to do with COVID-19 for a change. Lebanon underwent a sovereign default and I believe (foreign) currency controls have been implemented. In other words, most BEY-originating traffic has a difficult time paying for tickets. I don't know about other airlines, but I've read JU (Air Serbia) already cancelled their BEY flights a while back, and with much more immediate effect.
The odd thing about that is they are very late cancelling, and they are cancelling during the high season which will without doubt be better than the past 4 months have been. Airlines who cancelled did so by the beginning of 2020 at the latest, after they didn't get the expected traffic during the holidays. I'm not saying the economic situation isn't a big reason, I just feel there was another contributing factor that finally tipped the balance and pushed the decision through.
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