The Joint Venture Agreement (JV) between Delta Air Lines and LATAM Airlines Group received provisional approval and antitrust immunity from the Department of Transportation (DOT) on Thursday. The US Tentatively Approves Delta-LATAM JV. Delta-LATAM JVA approved – kinda. The DOT…
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…
So far, 2.9 million travelers in Brazil have been impacted by flight delays and cancellations, according to data released by AirHelp. In 2022, the number of affected passengers has doubled in comparison to the previous year. Why is this happening?…
Business travel is bouncing back in Latin America. In the past few weeks, we have seen the terrific financial results of GOL Linhas Aéreas and Azul Linhas Aéreas, and now an increase in business capacity by LATAM Airlines Group. Let’s…
On Friday, LATAM Airlines Group announced its unsecured creditors had voted overwhelmingly to approve the airline’s Plan of Reorganization. Following yesterday’s announcement, LATAM’s Chapter 11 moves forward; the company still needs to obtain positive votes from holders of the RCF…
The Latin American region has had the fastest recovery in terms of capacity and passenger numbers worldwide. This region has benefited from open borders, relaxed travel restrictions, proximity to the United States’ booming market, and more. Nonetheless, the International Air…