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 profitability to the levels of 2019 and an increase in…
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 it plans to reach a capacity greater than 50% of…
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 existing order for 42 aircraft of the newest generation of…
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. The LATAM Group presented to a U.S. court an agreement…
As Brazil is through its worst phase of the COVID-19 pandemic and the vaccination campaign ramps up, airlines that operate domestically are starting to feel the effect of increased demand. This time, contrary to the shattered hopes and brief rebound of later 2020 (or, as it is called in Brazil,…
After another wave of flight restrictions to most countries regarding passengers arriving from Brazil, international flights from the South American country finally start to be rolled out again as the worst of the nation's second wave of Covid-19 has passed. Regarding this, LATAM Brasil has announced it is restarting flights…
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, and New Zealand. In the case of the OAG ranking…
On the heels of Colombian tourism expo Anato 2021, the District Tourism Institute (IDT) and local carrier LATAM Colombia announced the signing of a new alliance that is seeking to promote the national capital of Bogota as the main tourist destination in the country and a top tier destination in…
To re-open borders without quarantine and restart aviation national governments need to be confident that they are effectively mitigating the risk of importing COVID-19. This means having accurate information on passengers’ COVID-19 health status. Informing passengers on what tests, vaccines and other measures they require prior to traveling, details on…
