Venezuela’s National Institute of Civil Aeronautics (INAC) announced late on Wednesday evening the revocation of the concession for six airlines that suspended international flights with Venezuela: Iberia, TAP Air Portugal, Avianca, LATAM Airlines, Turkish Airlines, and GOL Linhas Aéreas.
The International Air Transport Association (IATA) on Monday requested “clarity, dialogue, and flexibility” following the temporary suspension of flights in Venezuela. This came after the country’s aeronautical authority announced an ultimatum for the resumption of flight frequencies, warning that failure to comply would result in the suspension of traffic rights.
Turkish Airlines announced on Sunday that it is canceling its flights to Venezuela between November 24 and 28, joining five other airlines that have also temporarily suspended their operations due to the US military escalation in the Caribbean.
Venezuela’s National Assembly on Thursday approved extensions for two joint ventures with Russian state-owned company Petromost, Petroperijá and Boquerón, allowing them to continue their production from 2026 until 2041.
Guillaume Long is a senior researcher at the Center for Economic and Policy Research (CEPR) and a professor at Sciences Po. He also serves as a diplomatic advisor to The Hague Group.
The latest monthly OPEC report, which records October’s production, shows a divergence between the figures from the Ministry of Hydrocarbons, which show an increase of 27,000 barrels per day, and secondary sources, which estimate a drop of 7,000 bpd.
Over three months after U.S. President Donald Trump ordered the use of military force against Latin American drug cartels, the Pentagon has deployed an impressive array of Navy and Air Force assets in the Southern Command, now including the USS Gerald R. Ford, the world’s largest aircraft carrier.
A War Powers Resolution to halt attacks on Venezuela without congressional approval was rejected in a close vote on Thursday, with 49 senators in favour and 51 against.
Trump administration officials told Congress that the U.S. is not currently planning to launch strikes inside Venezuela, and that it does not have a legal justification to support such attacks against any land targets, according to sources familiar with the briefing as first reported by CNN.
Telefónica’s chairman, Marc Murtra, announced on Tuesday that the company will also be leaving Venezuela, as part of the sale of all its assets in Hispanic America, in addition to Mexico and Chile.
