With the resumption of 11 routes in domestic markets across Brazil, Chile, Colombia and Peru, LATAM Airlines Group reported that the operational estimate for January 2021 would be 40% compared to the same period of the previous year. These new routes would add 770 daily domestic and international flights connecting 112 destinations in 16 countries. During December 2020, traffic (measured in rented-seat-kilometer – RPK) was 34.5% in relation to the same period of the previous year. This considered a 38.3%…
In September, LATAM Airlines Group offered more frequencies to domestic destinations in Chile, Brazil, Peru and Ecuador and restarted the domestic operation in Colombia. On international flights, the novelties were the routes from Sao Paulo to Montevideo, and Santiago to Montevideo, two weekly flights from Santiago to Los Angeles and…
LATAM Airlines and its subsidiaries plan to operate in October between 24% and 26% of its total capacity compared to the same month last year. The carrier plans to operate 440 weekly operations — both domestic and international — compared to the 310 in September, representing an increase of 42%.…
LATAM Airlines Group reported on Wednesday that it has shown a gradual recovery of its operations in recent months. In April the carrier operated a 5.7% of its capacity, 6.7% in May, 6.4% in June, 9.2% in July, and in August it reached 13.9% of its capacity — measured in…
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…
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…
After a week of heated discussions in Argentina, LATAM Airlines Group has reiterated its decision to stop all operations of its Argentine branch LATAM Airlines Argentina as a "taken decision," as reported by local newspaper La Nación. The news comes after the local government met with the local management of…
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…
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…
Continuing its efforts to prepare for the post-pandemic world after its entry under Chapter 11 terms, LATAM Airlines Group has announced it is closing its branch in Argentina, LATAM Airlines Argentina. According to an official statement by the company, the ceasing will last indefinitely. Before the pandemic, LATAM Argentina (previously…
