LATAM Projects Pre-Pandemic Levels of Profitability in 2024, Receives Offers…
LATAM Airlines Group and some of its debtor subsidiaries in Brazil, Chile, Colombia, Ecuador, the U.S. and Peru released their five-year business plan along with various advances related to their exit financing process. LATAM projects, by 2024, a recovery of…
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…
LATAM to Incorporate Five ex-Norwegian 787s
As LATAM Airlines Group proceeds its Chapter 11 bankruptcy process into a solid and financially sustainable future, the airline conglomerate keeps reviewing its fleet plan; last week, it announced the leasing of 28 new Airbus A320neo added to the previously…
Main South American Carriers Modernize Their Fleets
With the goal of bettering passenger comfort as they compete for supremacy in South America, LATAM and Avianca have announced significant upcoming changes in their fleets, which range from the incorporation of new aircraft to the modernization of their cabins.…
LATAM Airlines Group Tops May On-Time Performance Reports
Two leading airline data firms — Official Airline Guide (OAG) and Cirium — recognized the LATAM Group last week as the most punctual airline in the world, followed by a group of airlines from Japan, the U.S., Brazil, Russia, India,…