Valued at the official exchange rate of 6.3 bolivars per dollar, the amount of cash airlines have in Venezuela has risen 27 percent from $2.6 billion in November, Jason Sinclair, an IATA spokesman, said today. Companies including Brazil’s Gol Linhas Aereas Inteligentes SA and Panama’s Copa Holdings SA (CPA) are among those affected by the restrictions. “We are still operating, but it’s hard to get money out,” Edmar Lopes Neto, Gol’s chief financial officer, said by telephone from Miami today. “We’re all in the same boat.” More...
No comments:
Post a Comment