March 25, 2006

Bolivian Workers Take Over Airline

La Paz
Mar 24
Employees of Bolivian Lloyd Airline (LAB) took over the central offices of the privatized corporation Friday in Cochabama, in protest for judicial suspension of official intervention.

LAB technical union leader, Hugo Bascope, confirmed the measure against corrupt management by the private administration, run by controversial entrepreneur Ernesto Asbun.

At least 700 workers from all levels are occupying the offices to prevent AsbunĀ“s attempt to close the virtually bankrupt company.

In parallel, LAB pilots announced the symbolic takeover of Santa Cruz International Airport, although they assured this will not affect either flights or functioning of the terminal.

President Evo Morales said the government will comply with the Constitutional Court decision to suspend intervention but recalled this intervention was motivated by desire to save LAB, which owes nearly 150 million dollars.

The judicial decision was announced when Congress began debates on legislation to reorganize and refloat the airline, owned by Brazilian Vasp for a decade and which the government considers an example of the failure of the privatization policy.

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