November 28, 2021 10:08 am ET
September 1, 2020 7:00 am ET -
Emirates To Receive $2 billion State Aid Package
In the midst of massive layoffs and reorganizations of aircraft orders, Emirates has secured a bailout that will give the company some momentary peace of mind. An aid package of 7.3 billion dirhams, or about $ 2 billion, was granted…
May 26, 2020 4:28 am ET -
LATAM Airlines Files for Chapter 11 Bankruptcy
In a communication addressed to the Chilean Financial Market Commission (CMF), LATAM Airlines Group has announced that it will voluntarily file to reorganize under Chapter 11 protection of the United States Code. The requested restructuring involves subsidiaries in Chile, Colombia,…