"We deeply regret that for these reasons, we will be forced to suspend our service between Caracas and Frankfurt as of June 18," the company wrote in a statement, noting that demand for international flights to Caracas dropped in 2015 and the first quarter of 2016.
Lufthansa does not plan to shut its office in Caracas.
Following a two-year rout in oil prices, the South American OPEC nation is struggling with a deep recession and the world`s highest inflation rate, which has put foreign travel out of the reach of most of its citizens.
American Airlines in March said it was scrapping a recently-reinstated direct flight between Caracas and New York due to low demand.
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