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Brazilian airline Azul SA has approached Chile's bankrupt LATAM Airlines Group with the aim of buying its Brazilian operation, a source familiar with the situation told Reuters.
South America's airlines are bracing to cut flight capacity in the region beyond original expectations as a second wave of coronavirus infections in Brazil rages on and dampens demand for travel.
LATAM Airlines Group, the region's largest airline, on Tuesday reported a loss of $962.5 million in the fourth quarter, hurt by a second wave of the pandemic which has hit Latin America particularly h

Bankrupt LATAM Airlines: No Fleet Exodus

07:40pm, Wednesday, 18'th Nov 2020
LATAM Airlines is in restructuring bankruptcy, but the fleet has changed very little. Reason for small changes can be found in the fleet age.
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