LATAM Airlines Group unveiled its impressive financial figures for the fourth quarter and the full year of 2023, showcasing a solid performance with net profits of $582 million. The good results were expected , though. The year closed with revenues…
This year marked the end of an obscure era for Aeromexico and LATAM Airlines, two of the largest South American companies. Both airlines emerged from Chapter 11 bankruptcy after lengthy and painful processes, which began in 2020, at the zenith…
Last week, Air Lease Corporation announced the placement of five Airbus A321XLRs with the Latin American giant LATAM Airlines Group. The Santiago de Chile-based company would receive these narrowbody jetliners between 2025 and 2026 and become the third operator in…
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The US Bankruptcy Court for the Southern District of New York approved LATAM Airlines Group ‘s Plan of Reorganization filed in the context of its Chapter 11 reorganization proceeding on Saturday, the company reported. LATAM’s Chapter 11 Plan has been…
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…