LATAM had good news to start in 2021. While it had a US$430.9 million net loss during 2021’s first quarter, it increased its liquidity and adjusted its fleet to face the post-COVID world. LATAM’s financial performance came following a 61.2%…
The 1Q21 was rough for carriers like GOL and Azul Linhas Aereas. In the past weeks, Brazil airlines presented their financial results. They operated amid the second wave of COVID-19 infections throughout the South American giant, which crippled demand. Nevertheless,…
Today LATAM Airlines Group announced part of its sustainability strategy for the next three decades. Among the initiatives, it plans to have zero waste to landfill by 2027 and carbon neutral by 2050, the airline said. Additionally, the fleet renewal…
April is over, and we’re looking at the first financial reports of 2021. The Latin American airlines had an uneven performance, with many of them facing new government travel restrictions. Others are soaring high and have good perspectives going forward.…
LATAM Brazil’s general director, Jerome Cadier, has informed its employees on April 8 that the airline group will retire all its 11 A350 aircraft from its fleet between this and next week. The airline plans to reduce its widebody fleet…
Brazil’s demand is going down, according to stats provided by the Brazilian Association of Air Companies (ABEAR), OAG, and GOL Linhas Aereas. In the last two months, there’s been a decline in capacity and passenger numbers due to the rising…