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Category Airlines

LATAM lost $691.9 million

LATAM MRO 4 2 scaled

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…

Emirates well on the recovery path

expo1 scaled

Emirates has reduced its half-year-loss and is “well on the recovery path with healthy revenue and a solid cash balance at the end of our first half of 2021-22”, it reported on November 10. The Dubai-airline group reported a net loss…