DBEA55AED16C0C92252A6554BC1553B2 Clicky DBEA55AED16C0C92252A6554BC1553B2 Clicky
November 1, 2024
LATAM Boeing 777 300 scaled

LATAM Boeing 777 300 scaled

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During the weekend, LATAM Airlines Group announced it had signed debt commitment letters with different financial entities, securing an exit financing from its Chapter 11 process. The airline is currently awaiting the ruling of the United States Court regarding its Reorganization Plan. 

Securing Chapter 11 exit financing

After an exhaustive search process, LATAM signed debt commitment letters with various financial entities, which represents a sign of market confidence in LATAM. This step allows the airline group to continue towards emerging from the Chapter 11 process during the second half of 2022. 

During the weekend, LATAM Airlines Group announced it had signed debt commitment letters with different financial entities, securing an exit financing from its Chapter 11 process. The airline is currently awaiting the ruling of the United States Court regarding its Reorganization Plan. 


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Daniel Martínez Garbuno
Daniel Martínez Garbuno is a Mexican journalist. He has specialized in the air industry working mainly for A21, a Mexican media outlet focused entirely on the aviation world. He has also published on other sites like Simple Flying, Roads & Kingdoms, Proceso, El Economista, Buzos de la Noticia, Contenido, and Notimex.