• Costa Rica Coffee Guide

TACA to drop flights and employees

April 8, 2014

Central American airline TACA on Saturday announced it must let go of an unspecified number of cabin crew personnel because of cutbacks due to the economic downturn.

TACA will also cut back the number of flights and hold off on expansion plans, the company said in a statement.

It did not divulge the total number of employees affected by the cutbacks, but said work contracts will be terminated in several countries, with appropriate compensation packages following the laws of each country.

You may be interested

Panama’s economy registers historic decline due to pandemic
Latin America
1976 views
Latin America
1976 views

Panama’s economy registers historic decline due to pandemic

AFP - March 2, 2021

The economy of Panama, one of the largest in Central America, suffered a historic contraction of 17.9% in 2020 compared…

IMF loan ‘ultimately benefits all Costa Ricans,’ Alvarado says in interview
Costa Rica
1576 views
Costa Rica
1576 views

IMF loan ‘ultimately benefits all Costa Ricans,’ Alvarado says in interview

The Tico Times - March 2, 2021

The International Monetary Fund (IMF) on Monday approved a three-year, $1.78 billion loan to help stabilize Costa Rica's economy. Read: IMF…

This day in history: Pope John Paul II visits Costa Rica
A Look Back
2447 views
A Look Back
2447 views

This day in history: Pope John Paul II visits Costa Rica

The Tico Times - March 2, 2021

Tuesday is the 38th anniversary of Pope John Paul II’s visit to Costa Rica. As the first pope to visit the country,…