South America has been a little bit of a money pit for the airlines lately when you consider that they have tons of cash tied up in Venezuela that the country won’t release.

Enter Buenos Aires, where the government is accusing American Airlines (and others) of launching attacks on their currency.

And today, I have an unconfirmed rumor from employees at both American Airlines and Delta that American Airlines will stop flying to Buenos Aires (EZE) on December 1st of this year. Delta is rumored to be considering the same move, but it appears American Airlines may have already informed some of the employees involved with that station that service is stopping.

The foundation for this most recent move seems to also involve not getting the government to honor financial agreements with the airlines.

Developing…