Aeromexico became on Thursday the latest airline to indefinitely suspend flights to Venezuela, citing the South American nation's economic problems.

The announcement by Mexico's biggest air carrier, which began flights between Mexico City and Caracas nearly five years ago, comes on the heels of similar moves by Latin America's biggest airline LATAM and Germany's Lufthansa.

Aeromexico said in a statement that its decision was due to Venezuela's "complex economic environment."

Venezuela is in economic and political crisis, with a shortage of dollars making it difficult for businesses to operate.

Currency controls make it impossible for airlines to convert their earnings into dollars and send the money abroad.