LATAM Airlines, which filed for bankruptcy in the United States in 2020 after being hit by the coronavirus-related travel downturn, said around 65% of its low-ranking creditors had backed the restructuring plan, which it said was fair and considered all stakeholders.
Argentina has requested the resumption of flights between the mainland and the Falkland Islands twice a month after the service carried out by LATAM Airlines was halted amid COVID-19 pandemic restrictions.
The Falkland Islands Government and LATAM Airlines Group have denied that a date for the resumption of passenger flights to South America has been agreed upon. Recently international media reports had suggested LATAM Brazil had requested regular flights connecting Mount Pleasant airport and São Paulo to resume by the start of February.
Argentine authorities have condemned over the weekend an announcement by British Prime Minister Boris Johnson regarding next year's 40th anniversary years of the Falklands War.
LATAM Airlines has submitted to Brazil's National Civilian Aviation Agency its flight schedule for the Sao Paulo/Falkland Islands commercial air link resumption, allegedly scheduled for next 9 February, according to Brazilian air industry site, Aeroin.
Chile, Argentina and the City of Montevideo have been distinguished in the 2021 annual World Travel Awards of Latin America. Argentina claimed ‘South America’s Leading Destination’. Chile, with its dazzling array of natural wonders, was again voted ‘South America’s Leading Adventure Tourism Destination’.
On Wednesday, LATAM airlines announced it had obtained committed financing of US$ 750 million as part of the Chapter 11 proceedings, allowing the company to improve its financing conditions and to start exiting the bankruptcy process
LATAM and Jetsmar will be resuming their flights to Punta Arenas from Santiago on November 2 and 4 respectively. The announcement by Magallanes Region officials followed the arrival of Sky airlines to Puerto Natales and the confirmation of two weekly flights, Tuesday and Thursdays until the end of the year.
LATAM Airlines strongly denied on Monday it has intentions of getting rid of its operations in Brazil, given the interest of its main competitor Azul airlines, as was reported by the Wall Street Journal indicating that there were ongoing conversations with Latam creditors to purchase its Brazilian affiliate.
LATAM Airlines Group has launched Wednesday in Santiago, Chile, an environmentally conscious plan for the coming years named LATAM Group Sustainability Strategy, to offset 50% of emissions from its domestic operations by 2030.