LATAM will have to reimburse boarding fees to all those consumers who purchased air tickets and for different reasons were unable to travel. The decision is a Collective Voluntary Procedure from the Chilean National Consumer Service, Sernac and is estimated to benefit some 400,000 consumers involving some 600 million dollars.
The LATAM Group has applied to the US courts for authorization to sell nine Boeing 767-300 jets to the company JeTran. All aircraft are part of the Brazilian division of the airline, part of them stored due to the reduction of the flight network.
The Latam group airlines group reported that the Federal Court from the southern district of New York approved the extension of its restructuring plan to September 15, as part of the bankruptcy protection process initiated last year.
After reporting the cancellation of the code share with LATAM Brazil, and announcing that it was looking for «consolidation opportunities» in the market, air industry sources indicate that Azul Linhas Aéreas is considering making an offer to LATAM Airlines for the Brazilian subsidiary.
Operation of regional flights at the Autonomous City of Buenos Aires (CABA)'s only airfield commonly known as Aeroparque Jorge Newbery Airport (AEP/SABE), which reopened recently following renovations, have been shifted to the Ezeiza Ministro Pistarini international airport (technically in the Province of Buenos Aires) due to lack of proper coronavirus detecting facilities.
Passenger airline services are gradually returning to pre-pandemic levels, with three carriers already announcing new routes and frequencies Tuesday.
LATAM Airlines Group S.A. (‘LATAM’) today presented the second tranche financing proposal to the Court of the Southern District of New York, as part of the Chapter 11 process. Tranche A amounts to US$1.3 billion that was committed by Oaktree Capital Management L.P. and its affiliates. This proposal must be reviewed and approved by the court in the coming days.
Falkland Islands lawmaker MLA Barry Elsby called for efforts to focus on keeping the country as Covid-19 free as possible. Speaking to Penguin News on Wednesday, MLA Elsby said that the Falklands’ isolation presents an opportunity to remain relatively Covid-19 free, adding that “as much should be done as possible” to maintain that state of affairs.
While the Atlantic Airbridge between the Falkland Islands and Brize Norton continues to service normally and is crucial for sending swab tests to labs in the UK, the two commercial flights to the Islands, one from Chile and the most recent from Brazil remain suspended.
LATAM Airlines Group and its affiliates announced today that they will temporarily suspend additional international services until April 30, 2020, due to travel restrictions put in place by national authorities and lower demand resulting from the COVID-19 (Coronavirus) pandemic.