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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,…

LATAM to Lay Off 1,400 Workers

LATAM Airlines Group, the largest airline conglomerate in Latin America, announced it will lay off 1,400 workers from its branches in Chile, Colombia, Ecuador and Peru. The news was confirmed by the company on May 15, after Reuters released an…

Delta Officially Picks Up 10 LATAM A350 Orders

Delta Air Lines confirmed it has officially absorbed an order for 10 Airbus A350 aircraft from LATAM Airlines Group. The group, which currently operates a fleet of 330 aircraft, has been forced to cut 95 percent of its flying as…

LATAM Brasil CEO Expects Pre-Crisis Levels in ‘Two or Three…

In a general sense, airlines around the world have already realized the short-term effects and the best way to survive the coronavirus crisis. Now, another vital question faces the industry: how demand for air travel will behave after the pandemic…

How Airlines in Brazil Are Responding to the COVID-19

Like most large aviation markets around the world, Brazil was living within optimistic times at the start of 2020. Demand, as well as unit revenue. was growing at a healthy pace. However, the outbreak of the COVID-19 pandemic, along with…