LATAM looks to settle decade-long Colombian Q300 dispute
LATAM Airlines Group has asked the US Bankruptcy Court in New York to approve a USD9.55 million settlement agreement between… Read More »
Brazil’s Azul readies bid for entire LATAM group
Azul Linhas Aéreas Brasileiras (AD, Sao Paulo Viracopos) “would buy the entire asset” of bankrupt LATAM Airlines Group, not just… Read More »
Court accepts LATAM rescue-plan extension to mid-4Q21
LATAM Airlines Group has reported that the extension it requested until November 26 to present its restructuring plan to the… Read More »
US court approves $750mn for LATAM Airlines Group
The US Bankruptcy Court in the Southern District of New York has greenlighted a USD750 million credit line to the… Read More »
LATAM postpones rescue plan reveal to mid-4Q21
The LATAM Airlines Group has requested an extension until November 26, 2021, to present its restructuring plan to the US… Read More »
LATAM clinches $750mn additional bankruptcy exit financing
LATAM Airlines Group has announced it has obtained additional financing proposals totalling USD750 million from a group of financiers composed… Read More »
LATAM Airlines to upgrade more than 200 A320 family aircraft with Airbus’ fuel-saving Descent Profile Optimisation function
LATAM Airlines is to upgrade their A320 Family fleet with Airbus’ “Descent Profile Optimisation” (DPO) function – a fuel-saving enhancement… Read More »
LATAM garners over $5bn in bankruptcy exit financing offers
LATAM Airlines Group – and certain of its debtor-affiliates in Brazil, Chile, Colombia, Ecuador, the United States, and Peru –… Read More »