On November 3, 2022, LATAM Airlines Group emerged from Chapter 11 bankruptcy protection. The airline spent two and half years reorganizing, downsizing costs and debt, and overall improving the company’s bottom line for years to come. LATAM emerges from bankruptcy…
Last week, there was plenty of news regarding the Mexican aviation industry . First of all, the three main domestic carriers, Aeromexico, Volaris, and Viva Aerobus, all published their financial results with combined net revenue of US$2.23 billion and net…
Virgin Atlantic and LATAM Airlines Group have asked the US Department of Transportation (DOT) for authorization to launch a codeshare agreement allowing to carry passengers between the United Kingdom, Chile, Peru, and Colombia via the United States. Virgin already has…
Last week, Air Lease Corporation announced the placement of five Airbus A321XLRs with the Latin American giant LATAM Airlines Group. The Santiago de Chile-based company would receive these narrowbody jetliners between 2025 and 2026 and become the third operator in…
We have a date: LATAM Airlines will exit its Chapter 11 process in the first week of November, the company said on Wednesday. Once LATAM emerges from the bankruptcy process in the United States, all three Latin American airlines to…
It has been almost a year and a half since the Federal Aviation Administration (FAA ) downgraded Mexico’s safety rating to Category 2. The current Mexican administration has been unable to restore the previous status, which has profoundly impacted the…