MercoPress, en Español

Montevideo, November 28th 2020 - 03:06 UTC

Tag: LATAM Brazil

  • Thursday, July 9th 2020 - 10:45 UTC

    Progress in Chapter 11 tranche financing for LATAM Airlines

    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.

  • Monday, March 30th 2020 - 12:49 UTC

    LATAM will continue USA and Chile Service only

    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.

  • Thursday, September 19th 2019 - 10:43 UTC

    Argentine veteran decries planned Cordoba-Mt Pleasant flight

    Esteban is known for his allegiance to CFK's Victory Front (FpV) party.

    Former Argentine Army conscript Edgardo Esteban Wednesday claimed LATAM Brasil's planned Sao Paulo-Mount Pleasant passenger flight with a stop in the Argentine city of Córdoba serves only the interests of the Falkland islanders.

  • Wednesday, February 20th 2019 - 09:34 UTC

    Latam Airlines expected to have a 51% controlling interest in Latam Brazil

    The move will have little practical effect. In its financial statements, LATAM Brazil already says the Chilean company is its “indirect controller.”

    Chile’s LATAM Airlines Group SA has asked Brazil’s antitrust regulator Cade to boost its voting stake in LATAM Airlines Brazil to 51%, formalizing a controlling interest in Brazil’s No. 2 airline that for years it was unable to achieve because of local restrictions.

  • Thursday, December 13th 2018 - 06:22 UTC

    Falklands goes ahead with negotiations and contract for second commercial flight

    Mount Pleasant Airport, where Latam Chile currently operates, and Latam Brazil will operate in a near future

    The Executive Council has today Wednesday authorised the Chief Executive of the Falkland Islands Government to complete the necessary negotiations with LATAM Airlines Brazil and to finalise a contract, subject to agreement with MLAs, to establish and operate a new weekly route between Sao Paulo and the Falkland Islands.