All LATAM Airlines Group articles – Page 4
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Airline BusinessIf 2022 is not the year for new airline partnerships, when will be?
As the sector emerges from the pandemic, many airline chief executives are talking up the value of partnerships with renewed enthusiasm.
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NewsVirgin Atlantic to codeshare with LATAM Airlines
Delta Air Lines partners Virgin Atlantic and LATAM Airlines are to begin codesharing on flights between and beyond London and Sao Paulo.
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Airline BusinessHow far through the crisis are Americas’ biggest airlines?
While many international services remained heavily restricted for US carriers until November’s easing of travel rules into the country, access to the large domestic market had already helped give the travel recovery momentum..
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NewsDelta to invest $1.2bn to bolster equity roles in Aeromexico, LATAM and Virgin Atlantic
Delta Air Lines is underpinning its partner airline strategy by investing a further $1.2 billion to retain significant equity stakes in Aeromexico, LATAM Airlines Group and Virgin Atlantic following their respective restructurings or recapitalisations.
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NewsLATAM details $8.19bn financing plan to support Chapter 11 exit
Latin American operator LATAM Airlines Group has submitted its re-organisation plan to support the company’s exit from Chapter 11 bankruptcy protection. LATAM says the plan follows a restructuring support agreement, backed by its largest unsecured creditor group, as well as “certain” shareholders holding over 50% equity. It centres on the ...
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NewsAzul CEO confirms interest in acquiring LATAM
Azul’s chief executive doubled down on comments he made last week about a potential acquisition of LATAM Airlines Group, pending the outcome of the Chilean airline’s bankruptcy protection process.
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NewsLATAM loses $692m in Q3, sees capacity hitting 65% by year-end
LATAM Airlines Group posted a third-quarter loss but says increased vaccination rates, fewer travel restrictions and pent-up demand will propel capacity to 65% of pre-pandemic levels by year-end.
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Airline BusinessAzul surprises with talk of LATAM Airlines Group acquisition
Reports that Brazilian carrier Azul is preparing a bid for LATAM Airlines Group mark the second recent example of potential M&A activity to feature an airline interested in purchasing a much-larger rival.
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NewsChilean court gives green light to Delta-LATAM joint venture
Chile’s competition authority TDLC has given the green light to LATAM Airlines Group and Delta Air Lines to implement their planned joint venture.
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NewsCourt grants LATAM more time to submit reorganisation plan
A US bankruptcy court has granted Chile’s LATAM Group more time to present a restructuring plan.
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NewsAir freight is Latin American aviation’s only pandemic winner
The transport of cargo was a key driver of Latin American passenger carriers’ success in maintaining their operations during the pandemic, as they went without government financial aid while transporting essential freight to fight Covid-19.
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Airline BusinessLatin American airline CEOs reflect on the pandemic’s lessons learned
For airlines in Latin America, the coronavirus pandemic not only posed a sudden, monumental operational challenge, but also interrupted the region’s long overdue growth trajectory.
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NewsALTA elects LATAM CEO Alvo as next executive committee president
The Latin American and Caribbean Air Transport Association (ALTA) has elected LATAM Airlines’ chief executive Roberto Alvo to be the next president of its executive committee.
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NewsLatin airlines to lag North American recovery as restructuring costs bite: IATA
IATA expects the “entire Americas continent” to be open for air travel from November, but foresees a north-south divide in the financial recovery story.
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NewsLATAM to equip A320s with fuel-saving engine-idle descent function
Chile’s LATAM Airlines will equip its fleet of Airbus A320-family narrowbodies with an Airbus-supplied system that reduces fuel burn by automating an “optimal” engines-at-idle descent.
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Airline BusinessFor Latin America’s airlines, return to 2019 is ‘not good enough’
As Latin American carriers make a steep climb out of the crisis, the region’s pre-pandemic normal is an undesirable summit
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NewsStrong A320neo agreements push Airbus net orders into triple figures
Latin American operator LATAM’s agreement for 28 A320neo-family jets has lifted the airframer’s net order figures for 2021 into triple figures. But LATAM has also dropped the final pair of A350-1000s from its backlog. The airline still has commitments for 13 of the smaller A350-900. LATAM’s deal – for 21 ...
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NewsLATAM to acquire 28 more Airbus narrowbody aircraft
LATAM Airlines Group will acquire 28 new Airbus narrowbody aircraft as it continues to work through its bankruptcy proceedings.
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NewsAzul explores consolidation, LATAM nixes codeshare
Brazilian airline Azul is pursuing consolidation opportunities, which it views as a means of helping the airline sector recover from the ongoing pandemic-driven downturn.
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NewsLATAM opts to convert more 767s to freighters
South American operator LATAM Group is to take its fleet of converted Boeing 767-300ER freighters from 11 to 21 over the next two years, after enhancing its cargo expansion plan. LATAM had originally intended to take four Boeing Converted Freighter aircraft but placed options for another four, all of which ...