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LATAM fires over a third of its workforce
The largest South American airline,LATAM, has announced that due to the effects of COVID-19 pandemic over 2,700 of its workers are to be laid off....
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The largest South American airline,LATAM, has announced that due to the effects of COVID-19 pandemic over 2,700 of its workers are to be laid off....
As Delta Air Lines announced a massive Q2 2020 net loss, one of the standing out numbers was its charge, related to investments in foreign airlines. Is Delta repeating the mistakes of a certain Middle East airline, or was it just a victim of circumstance?...
Despite its parent company LATAM securing funds to weather the current storm, LATAM Brazil entered Chapter 11 bankruptcy proceedings to secure its future....
LATAM has announced that its Argentine subsidiary ceased operations effective immediately. While the company will replace international routes to and from Argentina, the domestic market will have a gap of capacity....
Despite the shaky situation all around, Qatar Airways' chief executive Akbar Al Baker reiterated its support for LATAM Airlines, which entered Chapter 11 bankruptcy proceedings....
Another South American airline joined the bankrupt airline list on May 26, 2020, as LATAM Airlines, the largest carrier in the continent, announced that it has filed to reorganize under Chapter 11 protection in the United States....
LATAM, Chilean airline, is potentially leaving oneworld alliance from October 1, 2020, a message of current alliance partner suggests. While the exit was expected since LATAM formed partnership with Delta Airlines in September 2019, the date has not previously been revealed. ...
Following an initial shock of the Delta Air Lines stake purchase in LATAM, one conflicting party has shed some light on the ordeal. Qatar Airways, while complimenting the maneuver from Delta, is also considering increasing its 10% stake in the Chilean airline:...
These days U.S. legacy carriers are vying for their piece of the Latin America cake. The latest in line – United Airlines. Brazil’s Azul Linhas Aéreas is reportedly in talks to join United, along with Avianca Holdings and Copa Holdings, in a partnership for flights between the U.S. and Latin America. With Delta’s newly acquired 20% stake in Chilean carrier LATAM and American Airlines’ alleged negotiations with Brazi...
After American Airlines’ proposed venture with Chile’s LATAM Airlines Group was stopped in its tracks, in a true soap opera style, the U.S. carrier may once again be courting Brazilian low-cost carrier GOL Linhas Aereas Inteligentes to counter rival Delta Air Lines’ deal and continue on its South America strategy....
