Tag: Latam Airlines Group

• Wednesday, November 10th 2021 - 09:15 UTC

  LATAM releases 3Q results: despite losses of US$ 692 million, business picking up and costs down

  

  LATAM reported on Tuesday that during the third quarter of this year it registered a net loss of US$ 691.9 million, due to the costs of maintenance and the expenses of the restructuring carried out by the pandemic.

• Thursday, November 4th 2021 - 19:54 UTC

  Azul after all of LATAM Airlines

  

  The Brazilian airline Azul has confirmed it plans to buy over all of LATAM Airlines' operations, not only the Brazilian branch as reports showed earlier this week. Azul was founded in 2013 by Brazil-born David Neeleman, who also owns low-cost carrier JetBlue.

• Tuesday, October 19th 2021 - 21:22 UTC

  LATAM Airlines passengers affected by violence at Buenos Aires' Aeroparque

  

  A protest by laid-off LATAM Airlines workers at Buenos Aires' metropolitan Aeroparque Jorge Newbery ended up in fistfights, beatings, chases, arrests, and struggles with the police.

• Friday, October 15th 2021 - 15:31 UTC

  LATAM Group requests an extension of the restructuring deadline to November 26

  

  Latam this week requested the US Bankruptcy Court for the Southern District of New York an extension of the deadline to lodge its restructuring plan until 26 November. The request “supports the continuity of the advances in negotiations with the different parts interested in the Chapter 11 process” argued the Chilean group in its presentation.

• Thursday, October 14th 2021 - 19:19 UTC

  Argentina terminates symbolic aviation deal with Chile

  

  Argentina's National Civilian Aviation Agency (ANAC) Thursday terminated the so-called inter-change agreement with Chile's DGAC dating back to early July 2019, which benefitted the now-defunct LATAM Argentina airlines.

• Saturday, October 9th 2021 - 04:21 UTC

  LATAM Group orders brand new aircraft to replace ageing units

  

  South America's LATAM Airlines Group has placed orders for 70 new short-haul Airbus A 320 aircraft to replace its currently ageing units of the same model, it was announced earlier this week.

• Sunday, September 5th 2021 - 06:46 UTC

  LATAM must reimburse boarding fees to travelers who did not fly

  

  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.

• Thursday, July 8th 2021 - 15:10 UTC

  LATAM Brasil planning to sell nine Boeing 767-300

  

  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.

• Monday, July 5th 2021 - 08:07 UTC

  US Judge extends Latam's bankruptcy protection restructuring plan to September 15

  

  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.

• Saturday, May 29th 2021 - 03:50 UTC

  Brazilian airline interested in taking over LATAM Brazil

  

  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.