Colombian airline Ultra Air informed this Wednesday that as of 12:00 a.m. today, it will suspend its operations due to “adverse macroeconomic situations for the industry”.
“Ultra Air is unable to continue operating and offers apologies to employees, customers, suppliers and other stakeholders affected by this situation and reiterates its commitment to work until the last moment to minimize the impact on people who trusted in this project,” the company said in a statement.
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The low cost airline was operating with only three of the five airplanes that make up its fleet, on 17 domestic routes.
This is the second airline to suspend operations in Colombia in recent weeks, as Viva Air made this decision on February 27 due to serious financial problems that left thousands of passengers on the ground.
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