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LATAM Airlines Brazil Unit Joins Chapter 11 Bankruptcy File
As the New York Times published on Thursday, LATAM Airlines Group, announced it will be adding its unit in Brazil to the debt restructuring process. The company said the proposal still required approval from the U.S. Court. LATAM also announced it would add its unit in Brazil to the bankruptcy protection process in the United […]
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Volaris Becomes Mexican Airline with Most Operations, Receives Airbus A320neo
According to aero-naves, Volaris has since May become the carrier with the highest daily number of operations in Mexico. Currently, the airline is operating with a market share of 33%, compared to 24% for Aeroméxico, 21% for Viva Aerobus and 18% for Interjet. Volaris is operating at 40% of its capacity. By the end of […]
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Tocumen International Airport and Copa Airlines Adjust Facilities to Restart Operations
On June 17, the Civil and Aeronautical Authority extended for the third time, the suspension of international flights until July 23. International flights have been suspended since March 22, due to the COVID-19 pandemic. On June 12, the International Air Transport Association (IATA) published an open letter to the authorities of Latin America and the […]
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VivaAerobus Receives First Airbus A321neo
VivaAerobus took delivery of its first Airbus A321neo in a low-key delivery ceremony on July 1. According to Aerolatinnews, the Airbus A321neo will remain at the Viva Aerobus base in Monterrey to carry out final operational tests and certification. It is estimated that the aircraft’s inaugural commercial flight will be in early August. VivaAerobus CEO […]
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LATAM Group Requests Return of 65 Aircraft to Its Lessors and Lenders
This week saw the second court hearing take place regarding the debt restructuring process under the protection of Chapter 11 of the United States Bankruptcy Law filed by LATAM Airlines Group. Judge James L. Garrity, from the Bankruptcy Court for the Southern District of New York agreed to the 25 motions made by LATAM. According […]
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Aeroméxico Denies Recent Bankruptcy Rumors
According to Businessinsider.mx, Aeroméxico transported 135,000 passengers in May, 92.4% less compared to the same month in 2019. The Mexican carrier did not escape the bad results and recently made a public statement in which it declared that during the past month the airline served 124,000 national travelers and 11,000 international passengers. During May, Aeroméxico […]
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Avianca and LATAM to Resume Operations in Ecuador Amid Bankruptcy Proceedings
After almost 3 months without any operations due to the COVID-19 pandemic, Avianca Ecuador resumed its domestic flights with 16 weekly frequencies between the cities of Quito, Guayaquil and Manta. According to the website ALNNEWS, the airline will resume its operations gradually, and in line with passenger demand for each destination; while the resume of […]
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LATAM Colombia Temporarily Suspends Employment Contracts
Through a statement recorded on video today, Santiago Álvarez Matamoros, Latam Colombia CEO, announced that the carrier will temporarily suspend employment contracts until the carrier resumes operations. “Today is a very difficult day for me, as the leader of this company. After making all possible efforts and enduring expenses for three months without receiving incomes, […]
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How Latin American Airlines are Looking to Bring Back Passengers as Countries Reopen
After weeks of lockdown orders as a result of the COVID-19 pandemic and the aviation industry fallout that ensued, LATAM and Avianca Holdings were forced to file for Chapter 11 U.S. bankruptcy protection earlier this year. Peter Cerdá, International Air Transport Association (IATA) Regional Vice President for the Americas, recently told Reuters that “if we […]
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Latin American Low-Cost Carriers Trust They Will Recover First
After being announced as the new CEO and Executive Director of the Latin American and Caribbean Air Transport Association CEO, José Ricardo Botelho, announced that airlines operating in the Latin American and Caribbean market transported 1.08 million passengers in April, 97% less compared to April 2019, the last time 1 million people traveled in a […]