All LATAM Airlines Group articles – Page 3
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NewsLATAM slashes April capacity 95%
LATAM Airlines has decreased its operation-wide capacity in April by 95%, citing border closures and lower demand because of the coronavirus pandemic.
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News
Malaysia Airlines inks codeshare pact with LATAM
Malaysia Airlines has signed a codesharing agreement with LATAM Airlines, extending its reach into South America starting this month. The Malaysian carrier will codeshare on LATAM-operated flights from points in Australia and New Zealand to Santiago, and LATAM will codeshare on Malaysia-operated flights to Kuala Lumpur. ...
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Delta ramps up Miami flights to boost LATAM collaboration
Delta Air Lines says it will add 13 new daily nonstop flights from Miami to US destinations as its strategy following its $1.9 billion investment in Latin American carrier LATAM Airlines begins to take shape.
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LATAM moves JFK operations to Delta’s Terminal 4
LATAM Airlines says it is moving its operations at New York’s John F Kennedy International Airport (JFK) to Terminal 4, home to Delta Air Lines, as it begins to merge operations following Delta’s closing on a deal that gave it 20% of the Chilean carrier.
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Delta Air Lines completes 20% acquisition of LATAM
Delta Air Lines says it has successfully acquired the 20% equity stake in LATAM airlines group for $1.9 billion, completing a deal it had announced earlier this year.
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LATAM and IAG abandon joint venture plans
LATAM Airlines Group has terminated plans to develop a joint venture agreement with alliance partner International Airlines Group (IAG) after deciding to leave the Oneworld alliance.
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LATAM signs codeshare with Delta in shift away from American
South American carrier LATAM Airlines Group has signed new codeshare agreements with pending-equity owner Delta Air Lines and announced plans to discontinue its codeshare deal with American Airlines on 31 January 2020.
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Podcast
PODCAST: Airline Business on Air Europa, Brazil, Emirates, Max
The new edition of the Airline Business podcast is now available.
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LATAM swings to $86m profit after slashing international capacity
Capacity cuts to international markets and improved performance in Brazil helped push LATAM Airlines Group s profit up 50% year-over-year in the third quarter to $86.3 million.
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Alliances 'poor substitute' for true mergers: IAG's Walsh
IAG chief Willie Walsh believes airline alliances are still relevant, owing to restrictions in the air transport industry, but that true corporate mergers are a much more preferable course.
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Analysis
The logic of IAG's swoop for Air Europa
IAG s move to acquire Spanish leisure operator Air Europa for €1 billion ($1.1 billion) is billed as an attempt to bolster Madrid s status as a major European hub.
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Podcast
PODCAST: Airline Business on UK, Delta, Brazil, China, Emirates
The new edition of the Airline Business podcast is now available.
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News
Brazil still 'not competitive' for airlines: ALTA chief
It is no coincidence that "competitiveness" has been chosen as the theme of this year's ALTA Airline Leaders Forum in Brazil's capital city.
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LATAM to leave Oneworld alliance
Latin America group carrier LATAM Airlines Group plans to leave the Oneworld alliance.
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LATAM’s Cueto to step down in March
LATAM Airlines Group’s chief executive Enrique Cueto will step down from his position on 31 March after spending 25 years at the airline.
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American, LATAM to drop Chile from JV application
American Airlines and LATAM Airlines Group expect to submit to regulators an amendment to their joint venture application before year end, reviving a process derailed In May by a Chilean court.
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Analysis
LATAM JV decision raises questions about role of courts
Competition issues about joint ventures and antitrust immunity for airlines typically are handled by transportation or competition regulators. Courts rarely intervene. But Chile’s Supreme Court recently set an example for courts not only to play a role, but to have the final say on airline joint ventures.
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LATAM to buy back $300 million in bonds, reopens bond
LATAM Airlines Group is reopening its 2026 bond and seeking to buyback up to $300 million of its 2020 notes.
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PARIS: LATAM not interested in A321XLR
LATAM Airlines Group does not plan to join the Airbus A321XLR customer list anytime soon.
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LATAM raises $200m via Chilean capital markets
LATAM Airlines has issued a UF5 million ($200 million) bond in Chile’s capital market.
