US court approves LATAM’s revised financing plan
The US Bankruptcy Court for the Southern District of New York has approved a revised debtor in possession (DIP) financing… Read More »
US court rejects LATAM’s $2.45bn financing deal
The US Bankruptcy Court for the Southern District of New York has rejected USD2.45 billion debtor-in-possession (DIP) financing secured by… Read More »
Delta-LATAM codeshare approved as carriers push for JV antitrust immunity
The US Department of Transportation has approved plans by Delta Air Lines and LATAM Airlines Group to codeshare on US-Chile… Read More »
LATAM’s Brazilian unit files for Chapter 11 protection
LATAM Airlines Brasil has filed for Chapter 11 bankruptcy protection in the US but will continue to operate passenger and… Read More »
Latin-America’s airlines are crashing, but no bailouts in sight
The AMLO government, which has refused to bail out shareholders and bondholders of large companies, could be on to something:… Read More »
LATAM Argentina to cease operations indefinitely
COVID-19 pushes LATAM subsidiary over the brink. LATAM Airlines Group announced its Argentinian subsidiary will cease operations indefinitely, as the… Read More »
Brazil’s Gol, LATAM to cut workforce, hours
Brazil’s GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) is cutting staff wages and hours by up to half and… Read More »
American Airlines, British carrier EasyJet to slash workers amid pandemic
American Airlines and European budget carrier EasyJet both plan to cut large parts of their workforces as the global aviation… Read More »