On Friday, November 26, LATAM Airlines Group took a step forward towards exiting the Chapter 11 bankruptcy process. The carrier filed in extremis the plan, outlining the financial highlights that will allow it to recover fully from the COVID-19 pandemic…
The carriers in the Latin America region have published their latest financial results, and we have three operators that had back-to-back net profits. Nevertheless, the majority of the airlines flying south of Río Grande continue to struggle due to the…
On day 1 of the Dubai Airshow, Indigo Partners stole the show by going shopping big again. The investment fund announced an order for 255 Airbus A321neo’s and XLRs, including several going to Volaris and JetSMART in Mexico and Chile.…
During the 2021 third quarter, LATAM lost $691.9 million due to the impact of the COVID-19 pandemic, plus the increase in costs associated with aircraft maintenance, and one-off impacts, said the carrier in a statement. Despite the loss, LATAM believes…
Does Azul really want LATAM? That’s the question we all had this week after Azul’s CEO, John Rodgerson, said the company is ready to make an offer if LATAM creditors fail to agree on a restructuring plan. What’s going on…
Yesterday, the US Court approved Avianca’s reorganization plan, setting up everything for the airline to have a successfully complete reorganization and emerge from Chapter 11 before the year ends. Avianca’s Chapter 11 goes forward Avianca is the first among the…