Through a press release - quoted by Angop -, the airline refers that "the operational economic challenges that have been negatively impacting the company, which is forced to suspend its services for an indefinite period, until the situation is resolved".
Fly Angola also informs that "over the last period", they faced "continuous challenges caused by incalculable expenses resulting from conjunctural policies, which unfortunately triggered an accumulation of operating costs that" were unable to "absorb".
Another of the reasons that led the company to adopt this measure, advances the note cited by Angop, is the recent devaluation of the national currency against the dollar, since most of the airline's costs are indexed to this foreign currency, something that ended up creating a financial disparity that was impossible to sustain.
This indexation act "became even more challenging in our scenario of exclusively domestic flights, despite having tried, without success, to obtain the necessary authorizations to start regular operations from Luanda to other neighboring countries", the company also mentions, in the statement quoted by Angop.
