Tag: LAN Chile

• Tuesday, August 16th 2016 - 06:01 UTC

  Latam airlines has poor performance in 2Q; defers incorporation of new aircraft

  

  Latin America's largest airline, reported a wider-than-forecast net loss in the second quarter of US$92 million, as it struggles to overcome tough economic conditions in its key markets. The airline made a loss of US$50 million in the same period a year ago, a quarter that is traditionally weak for seasonal reasons.

• Friday, April 22nd 2016 - 06:37 UTC

  Cueto group takes major loss because of Latam Airlines performance problems

  

  Latam Airlines Group, made up of Chilean and Brazilian investors, ended last year with losses of 219 million dollars. However during the same period the Cueto family investment group, identified as Costa Verde Aeronautica, CVA, suffered even higher losses, 414 million dollars, mostly because of the performance problem of the largest Latin American airline.

• Friday, March 6th 2015 - 07:52 UTC

  South Atlantic Air-bridge to the Falklands restricted to certain nationalities

  

  The South Atlantic Air-bridge linking RAF Brize Norton in the UK with the Falkland Islands will no longer fly nationals from a list of countries and although no specific reasons were given, the release underlines that the “Ministry of Defense places the greatest importance on the security of its people, facilities and operations”.

• Saturday, August 31st 2013 - 01:50 UTC

  “Doors are open for Aerolíneas whenever they wish” Chile tells Argentina

  

  Chilean Foreign minister Alfredo Moreno said that flag carrier Aerolíneas Argentina can access the Chilean domestic market whenever they wish, discarding any impediments or veto to such an option.

• Thursday, August 29th 2013 - 02:56 UTC

  Argentine judge blocks hangar eviction of Lan from Buenos Aires air terminal

  

  An Argentine judge on Wednesday granted an injunction blocking the eviction of LAN Argentina, a unit of Chile-based LATAM Airlines Group, from its hangar at Buenos Aires Jorge Newbery Airport, which handles domestic and regional flights.

• Tuesday, August 27th 2013 - 21:59 UTC

  Cristina Fernandez calls for reciprocity from foreign airlines operating in Argentina’s domestic market

  

  Argentine President Cristina Fernandez got involved in the Lan Chile hangar conflict at the Buenos Aires metropolitan air terminal by praising the performance of re-nationalized Aerolíneas Argentinas and claiming that while foreign carriers can exploit the Argentine domestic market, “there is no reciprocity from other countries”.

• Tuesday, August 27th 2013 - 02:19 UTC

  LAN appeals hangar eviction in Buenos Aires airport; unions pledge strike in support of Chilean carrier

  

  Lan Chile went to court in Argentina on Monday to appeal its eviction from a hangar at the metropolitan Buenos Aires Aeroparque airport, which is a crucial element of its national and regional operations. Several unions have anticipated that if the eviction is not stopped they will go on strike and interrupt domestic flights.