Tag: LATAM

LATAM group received delivery of a new Boeing 787-9, and is the only group in South America operating this model.

Directly from Charleston (United States) to Santiago (Chile) Santiago, Chile – WEBWIRE – Sunday, September 10, 2023 LATAM group has received delivery of a new Boeing 787-9 directly from Charleston (United States) to Santiago (Chile), and is the only group of airlines in South America operating this model. The Boeing 787-9 is equipped with advanced technology that allows it to reduce fuel consumption and CO2 emissions by 20-30% (compared to the previous technology and according to data from its manufacturer) thanks to its lightweight materials, state-of-the-art engines, and modern aerodynamics. Its arrival is part of LATAM groups fleet renewal and ... Read more

LATAM Amends Treatment of RCF Claims under its Plan

Santiago, Chile – WEBWIRE – Monday, April 25, 2022 LATAM Airlines Group S.A. informs that, in the context of its Chapter 11 reorganization process before the U.S. Bankruptcy Court, it submitted before such Court, an amended Plan of Reorganization (the “Plan”), and entered into an amendment to the Restructuring Support Agreement (the “RSA”) executed in furtherance of the Plan. The purpose of these amendments to the Plan and the RSA is to modify the treatment afforded to the claims (the “RCF Claims”) related to that certain credit and guaranty agreement dated as of March 29, 2016 ... Read more

LATAM is Positioned as the Airline Group with the Best Performance in Sustainability in America and Europe

It obtained fourth place worldwide in measurement, receiving 72 points (out of 100) and placing itself in the top decile of the airline industry.  It should be remembered that the group launched its sustainability strategy earlier this year, setting the goal to eliminate single-use plastics by 2021, be zero-to-waste landfill by 2027 and achieve carbon neutrality by 2050. LATAM Airlines Group obtained fourth place worldwide in Standard & Poor’s (S&P) Global Corporate Sustainability Assessment (CSA), and has positioned itself as the airline with the best sustainability performance in the American and European continents. According ... Read more