Another day and another airline appears to have gone under…
Spanish budget carrier LTE has grounded ALL flights due to its “inability to meet operating expenses”.
According to LTE’s website the company has stated “After 20 years operating with maximum dedication to our clients it just was not possible to avoid this situation given world events lately.”
LTE is a charter airline with its base in Palma de Mallorca and was founded in 1987.
Although Spanish owned the suspension of flights is affecting UK passengers, with hundreds of Cosmos passengers who were due to travel with LTE from Tenerife now set to travel home with Monarch Airlines.
