LATAM Airlines Group has announced a landmark agreement with Embraer for the acquisition of up to 74 Embraer E195-E2 aircraft, comprising 24 firm orders and 50 purchase options. The deal, valued at approximately US$2.1 billion for the firm aircraft at list prices, underscores LATAM’s commitment to strengthening its South American network and enhancing regional connectivity. Deliveries are scheduled to begin in the second half of…
Azul Linhas Aéreas, Brazil’s largest regional carrier, is pushing deeper into its Chapter 11 restructuring plan with sweeping measures designed to reset its balance sheet and stabilize operations. The airline confirmed it will return 20 aircraft, most of them older Embraer E195s already parked, while simultaneously trimming its network by exiting more than 15 cities and cutting 50 routes.
LATAM Airlines Group and Delta Air Lines have officially announced the expansion of their trans-American joint venture (JV) to include Argentina. This integration marks a significant milestone in the partnership, aiming to further consolidate the connectivity between North and South America through coordinated operations, schedules, and commercial efforts.
LATAM Airlines, the largest carrier in Latin America, has taken delivery of a new Airbus A320neo, bearing manufacturer serial number (MSN) 12660. The aircraft is equipped with Pratt & Whitney PW1127G-JM engines, part of the GTF (Geared Turbofan) family, and represents a continued push toward modernizing LATAM’s narrowbody fleet for fuel efficiency and environmental performance.
LATAM Airlines Group, the largest airline group in Latin America, has announced that certain of its shareholders have initiated a public offering of 10 million American Depositary Shares (ADSs), with each ADS representing 2,000 common shares. The move is designed to improve shareholder liquidity and broaden LATAM’s exposure to international investors, particularly in North American capital markets.
Voepass Linhas Aéreas, a regional carrier in Brazil, has officially filed for bankruptcy protection, citing business disruptions stemming from its relationship with LATAM Airlines as a principal factor in its ongoing financial crisis. The filing comes as Voepass reports a total debt burden of approximately US$36.7 million.
Delta Air Lines and LATAM Airlines Group are preparing to integrate Argentina into their existing trans-American joint venture, a move that is still subject to regulatory approval from the Argentine authorities. This expansion would mark a significant enhancement of their collaborative network in South America.
Cargo Aircraft Management (CAM) has expanded its freighter portfolio with the acquisition of a Boeing 767-300F, serial 29881, from LATAM (Chile). The newly acquired aircraft is set to be leased out to an operator, further supporting CAM’s strategic growth in the air cargo leasing market.
LATAM (Chile) has released its December 2024 traffic results, highlighting strong growth across key performance indicators. The airline reported an 11.5% increase in Revenue Passenger Kilometers (RPKs) and a 10.9% rise in Available Seat Kilometers (ASKs) compared to the same period last year.
LATAM Airlines, the leading carrier in Chile, has taken delivery of an Airbus A320neo, identified by serial number 12237. The aircraft, acquired on lease, is powered by Pratt & Whitney PW1127G-JM engines, further advancing the airline’s strategy to modernize its fleet with fuel-efficient aircraft.
