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LATAM Closes Second Quarter with $2.3 Billion in Liquidity

This Monday, the LATAM Airlines Group reported that it foresees better operational prospects for the next six months, despite the profound impact of the pandemic in Latin America so far this year. In a press release, the group stated that…

Air Canada Looking Toward Slow, Steady Recovery

More than a year into the Covid-19 pandemic, many airlines have returned to operating bolstered schedules with flights filled with passengers once again. Airports have been busy and airlines have ramped up flight schedules and opened up recruitment drives as…

Alaska’s Second Quarterly Report Show Smaller Losses, Increased Revenue

Alaska Airlines recently held an earnings call and announced its second quarterly reports for 2021, citing a net income of $397 million compared to last year’s net loss of $214 million at the peak of the COVID-19 ordeal. Additionally, the…

Volaris Announces Incorporation of Eight A320neo Aircraft In 2021

Volaris, the ultra-low-cost carrier that operates in Mexico, the U.S. and Central America, announced the addition of eight A320neo aircraft to its fleet in 2021, in addition to the three aircraft from its purchase order with Airbus, thus closing the…

LATAM Releases 2020 Results, COVID-19 Impact Remains

LATAM Airlines Group closed 2020 with $3 billion of available liquidity - $1.7 billion in available cash added to $1.3 billion in committed DIP financing line - in a year marked by travel restrictions and the sharp contraction in demand…