On 16 October 2008, Lte abruptly announced that it was suspending all flights -both regular and charter- due to the financial situation of the company, which made it difficult to meet the next few days' operational expenses.

On 27 October 2008, Lte announced on their web site they had resumed their charter activities and expected to re-open the on-line bookings, with no other details.

The aircraft touched down on runway 14 just beyond the touchdown zone, approximately 400 m (1,300 ft) beyond the aiming point.

The pilots determined that the rate of deceleration was inadequate and applied full reverse thrust and full manual braking in an effort to stop the aircraft, however the normal braking system malfunctioned and the Captain turned the aircraft onto a level grassed area to the right of the runway where it came to rest.

[citation needed] Media related to LTE International Airways at Wikimedia Commons