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Latam Air Files Chapter 11 Bankruptcy, Stymied by Lockdowns

Latam Airlines Group SA, Latin America’s largest air carrier, sought bankruptcy court protection in New York after the Covid-19 pandemic grounded flights across the region. The Chapter 11 petition allows Latam to keep operating while the Chilean carrier works out a plan to pay creditors and turn around the business. Latam, whose shareholders include Chile’s Cueto family and Delta Air Lines Inc., continues to operate on a reduced schedule, and it has commitments for a bankruptcy loan of up to $900…

LATAM Airlines for the second year running, “Best Global Airline in South America”

LATAM Airlines Group was named for the second year running as the ‘Best Global Airline in South America’ in the Passenger Experience Association of Airlines (APEX) Passenger Choice Awards in Los Angeles, California. LATAM was also recognized for the ‘Best Seat Comfort’, ‘Best Cabin Service’, ‘Best Entertainment’ and ‘Best Wi-Fi’ in South America. “For LATAM, our passengers are our priority and it is an honor to receive this distinction, based on their feedback, for the second consecutive…

LATAM wants to dominate South America with its new planes

In operation since 2015, LATAM is one of newest international airline brands in the world. Yet it’s one backed by nine decades worth of history and experience. LATAM is the largest airline in Latin America with 46,000 employees operating subsidiaries in Argentina, Brazil, Chile, Colombia, Ecuador, and Peru. LATAM’s modern fleet is made up of more than 300 state-of-the-art Boeing and Airbus jets. The airline has one of the newest fleets in the world with an average age of just seven years. LATAM…

Competition versus Cooperation and low-cost flights to South America

A New Opportunity for the Commercial and Vacation Traveler from the Oceania Air Hub to South America “Competition is always a good thing, it forces us to do our best while a monopoly renders people complacent and satisfied with mediocrity,” the US writer Nancy Pearcey once said. In Pearcey’s view on the matter, the low-cost airlines poised for take-off in Argentina will be a boon for travellers. Domestic and international airfares in Argentina are very expensive by comparison to Europe and North America…
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