LATAM Emerges From Chapter 11

LATAM Emerges From Chapter 11

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...
LATAM Airlines Group in 2021

LATAM Airlines Group in 2021

Let’s look at the financial results of LATAM Airlines Group in 2021. Overall, the airline group had total revenues worth US$5,011.3 million during 2021, a 51.0% decrease compared to 2019 due to the heavy impact of the COVID-19 pandemic and the company’s Chapter 11...