Tag: LATAM Brazil

• Saturday, January 25th 2025 - 10:36 UTC

  Foreign travelers contribute significantly to Brazil's economy in 2024

  

  Foreign travelers brought in US$7.341 billion in revenue to Brazil last year, the South American country's Central Bank (BCB) announced on Friday, citing a report from the Ministry of Tourism. These figures represented the best results in 15 years, and an increase of 6.28% compared to the US$6.907 billion in 2023.

• Monday, December 6th 2021 - 19:54 UTC

  Chilean carriers bound for River Plate skies

  

  LATAM Airlines is to resume services to the Uruguayan beach resort of Punta del Este, in addition to increasing its services between Montevideo and Santiago, it was announced.

• 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

  

  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

  

  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

  

  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.