All LATAM Airlines Group articles – Page 3
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Airline BusinessHas air cargo embraced digitalisation during its moment in the sun?
Having long lagged the passenger industry when it comes to digitalisation, the cargo sector might have seen its best opportunity to change that, thanks to its elevated post-pandemic status
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NewsLima firefighting exercise ‘agreed and co-ordinated’ before A320neo runway collision
Lima Jorge Chavez airport’s operator states that a firefighting exercise had been co-ordinated with the control tower before a fatal collision between an emergency vehicle and a LATAM Airbus A320neo. The exercise on 18 November had been intended to confirm that firefighting personnel at the airport could reach the scene ...
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NewsLATAM Airlines Airbus A320neo catches fire on runway in Lima
A LATAM Airlines Group Airbus A320neo struck a vehicle as the aircraft attempted to take off in the Peruvian capital Lima, and caught fire.
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Airline BusinessLatin carriers re-emerge from crisis but with fresh uncertainties ahead
Passenger numbers are back to pre-pandemic levels in Latin America and financial restructurings are completed. Now attention is turning to consolidation and partnership to help airlines in the region better weather challenges ahead, be they familiar local issues like high taxes and inflation, or the fresh global economic headwinds.
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NewsLATAM cuts Q3 losses as revenues almost back to pre-pandemic levels
LATAM Airlines Group revenues moved to within 3% of pre-crisis levels in the third quarter as it posted an adjusted operating profit of $63 million for the period.
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NewsLATAM Airlines Group completes restructuring and exits Chapter 11
LATAM Airlines Group has completed its restructuring and has exited bankruptcy proceedings.
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NewsLATAM Airlines Group set to exit Chapter 11 in November after securing funds
LATAM Airlines Group expects to exit the Chapter 11 bankruptcy process in the first week of November, having secured the required financing.
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Airline BusinessHow leading Latin carriers are faring in return to pre-crisis levels
After the most challenging of two years, the recent earnings quarter for Latin American operators offered an altogether more positive picture.
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NewsUS government approves Delta-LATAM joint venture
The US Department of Transportation (DOT) has given its long-awaited approval of anti-trust immunity for the joint venture between Delta Air Lines and LATAM Airlines Group.
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NewsRevised LATAM forecast predicts return to pre-crisis revenues next year
Latin American operator LATAM Airlines Group is expecting to exceed pre-crisis revenues next year, and has hiked annual cost-saving estimates to more than $1 billion, in a revised business outlook as it prepares to exit US Chapter 11 protection. Its new five-year forecast sees the operator’s revenues reaching nearly $11.5 ...
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NewsLATAM benefits from easing of travel restrictions in Q2
LATAM Airlines Group benefited from increased passenger demand during the second quarter of 2022 as numerous Latin American countries relaxed travel restrictions, making travel easier than it has been for two years.
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NewsLATAM orders 17 Airbus A321neos, confirms interest in A321XLR
LATAM Airlines Group has ordered 17 Airbus A321neos, bringing its total orderbook for the A320 family to 100 aircraft.
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NewsUS DOT tentatively approves LATAM-Delta joint venture
The US Department of Transportation (DOT) has tentatively approved a proposed joint venture between Delta Air Lines and LATAM Airlines Group, more than two years in the making, but places certain conditions on final antitrust immunity for the deal.
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NewsCourt’s restructuring approval shifts LATAM towards Chapter 11 exit
Latin American operator LATAM Airlines Group is expecting to exit its US bankruptcy-protection process in the second half of this year after its restructuring plan secured court approval. The operator says the plan has been backed by “nearly all” of its creditors, following months of negotiation and mediation which, according ...
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NewsLATAM sees ‘substantial improvement’ in quarterly results
LATAM Airlines Group reports “substantial improvement” in earnings during the first quarter of 2022, though market conditions remained challenging for the Chilean flag carrier.
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Airline BusinessThe sustainability chiefs leading the airline industry’s net-zero charge
With sustainability established as a top-tier priority for swathes of the commercial aviation sector, dedicated executives at carriers around the world are taking the lead on the topic
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Airline BusinessLATAM Airlines Group’s sustainability chief on targets, collaboration and SAF progress
When your airline group is based in a region that has natural resources sometimes described as the “lungs of the world”, the imperative to act on climate change is keenly felt.
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NewsLATAM sets sustainable aviation fuel goal for 2030
LATAM Airlines Group plans for 5% of its fuel to be sustainable aviation fuel (SAF) by the end of this decade.
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NewsLATAM on ‘improving trajectory’ as it works through reorganisation
LATAM Airlines Group posted a fourth-quarter loss but sees its business on “an improving trajectory” as it aims to exit bankruptcy protection process later this year.
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Airline BusinessIf 2022 is not the year for new airline partnerships, when will be?
As the sector emerges from the pandemic, many airline chief executives are talking up the value of partnerships with renewed enthusiasm.