MercoPress4 年
LATAM Airlines files for bankruptcy in US; Brazil and Argentina subsidiaries out of the request
LATAM said it raised up to US$900 million to support operations through its bankruptcy reorganization from major shareholders, including the Cueto family which controls the airline and Qatar Airways.
Harvard Business School4 年
Latam Airlines and COVID-19: Seeking Bankruptcy Protection in the United States
Alfaro, Laura. "Latam Airlines and COVID-19: Seeking Bankruptcy Protection in the United States." Harvard Business School Teaching Note 321-080, November 2020.
Latam's Positive Performance Will Likely Suffer As The Company Adds Leases
Chapter 11 emergence due to high capital requirements and unattractive P/E ratio. See why we are neutral on LTM stock here.
Business Recorder4 年
LATAM Airlines adds $1.3bn to bankruptcy financing proposal, Brazil unit seeks protection
LATAM filed for US bankruptcy protection in May, aiming to reorder $18 billion in debt. Combined ... it is hoped that financial support will not be required from governments. LATAM Airlines Brazil ...
Latin America’s biggest airline targets lift from region’s growth
Latin America’s biggest airline is targeting ambitious growth in the coming decades, hoping to profit from expectations that the region will be among the world’s fastest-growing for air travel.
Mena FN9 天
Latam Airlines Achieves Record Profits In Post-Bankruptcy Comeback
These impressive figures mark a significant milestone in Latam's recovery journey. The airline successfully emerged from bankruptcy restructuring in 2020 and returned to the New York stock ...
LATAM Airlines expects mitigation measures amid Gol-Azul tie-up talks
LATAM Airlines said on Friday it was still too early to discuss potential impacts of a planned merger between its two largest ...
LATAM Relists On NYSE After Reorganization And Recovery
LATAM Airlines' shares are once again available for trading on the New York Stock Exchange (NYSE). The airline group's shares ...
Latam Airlines Profit Soars in 4th Quarter, Hits Annual Record
Latam Airlines’s net income more than tripled in the fourth quarter from the year earlier, pushing it’s net income for 2024 ...
MercoPress3 年
Azul after all of LATAM Airlines
The Brazilian airline Azul has confirmed it plans to ... “Far from declaring bankruptcy, as LATAM did, Azul went through the crisis without official help, and today it is number one in ...
Business Recorder4 年
LATAM Airlines suspends Argentina operations, blaming COVID-19 and government
The announcement fell short of saying the company, Latin America's largest airline, will entirely wind down its subsidiary. A LATAM spokesman said the subsidiary will begin a government process in ...
Reuters19 天
Global airlines in talks with Brazil's Gol as part of bankruptcy exit, report says
The Brazilian airline ... 11 bankruptcy proceedings since early 2024. Gol's potential merger with Azul would create a dominant airline in the Brazil domestic market, surpassing LATAM Airlines ...