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A LATAM 767 on short final in Miami. (Photo: AirlineGeeks | William Derrickson)

LATAM Projects a Lower Operation in February

LATAM Airlines Group reported that its operational passenger estimate for February would reach up to 35% (measured in Available Seat Kilometers – ASK) compared to the same month of the last year. This statistic is lower in relation to last January, in which the operation was 39.8%, in a scenario dominated by the increase in government restrictions on air transport worldwide. According to a press release published by LATAM Airlines Group, for this month, the Chilean carrier estimates that it…

LATAM Airlines Increases International Destinations in October

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%.…

Brazil’s Public Bank To Do More In Airline Bailout

After five months of negotiations between stakeholders and airlines, the details and peculiarities of the federal government's aid to Brazilian airlines are finally in their final negotiation stages. According to the now-expected conditions, the government's part in the package will increase from 2.4 billion reais ($440 million) to 3.6 billion…

LATAM Presents Poor Quarterly Results, Makes Significant Network Adjustments

Last week, LATAM held its quarterly earnings call where it presented some rather bleak financial results for the first few months of the year. In the first quarter of 2019, LATAMs earned $2.525 billion in revenue, which represents a 7.5 percent decrease from the $2.730 billion earned during the same…