LATAM Airlines Files for Bankruptcy After Increasing Cargo Flights Last Month
LATAM Airlines, the largest airline in South America, and a large carrier of Chilean salmon, announced on Tuesday that they have filed for bankruptcy.
“LATAM Airlines Group S.S. and its affiliates in Chile, Peru, Colombia, Ecuador and the United States today initiated a voluntary reorganization and restructuring of their debt under Chapter 11 protection in the United States with the support of the Cueto and Amaro families and Qatar Airways, two of the largest shareholders of LATAM,” the airline said in a statement...
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