LATAM Airlines To Receive A321Neo MSN 13099
LATAM Airlines To Receive A321Neo MSN 13099 as LATAM Airlines prepares to add another next-generation narrowbody aircraft to its fleet from Airbus.
LATAM Airlines To Receive A321Neo MSN 13099 as LATAM Airlines prepares to add another next-generation narrowbody aircraft to its fleet from Airbus.
LATAM Airlines Chile is set to further modernize its fleet with the upcoming delivery of a new Airbus A320neo, continuing its commitment to operational efficiency and sustainability. The aircraft, carrying manufacturer serial number (MSN) 12714 and registration CC-BHK, is powered by a pair of Pratt & Whitney PW1127G geared turbofan engines, recognized for their advanced fuel efficiency and reduced environmental footprint.
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.
GOL Linhas Aéreas, the Brazilian low-cost carrier, has secured a critical agreement with key creditors that paves the way for its emergence from Chapter 11 bankruptcy protection, likely by June 2025. The agreement includes an additional $125 million in financing, bringing the total raised through the restructuring process to at least $1.37 billion.
LATAM Airlines delivered strong financial results for the first quarter of 2025, posting a 2.7% increase in total revenues to US$3.4 billion and a 37.6% rise in net income to US$355 million. The group’s liquidity position remained solid with US$2.1 billion in cash and cash equivalents.
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.
LATAM Airlines Group, the largest airline holding company in Latin America, has received a series of credit rating upgrades from Fitch Ratings (US), reflecting improved financial performance and stronger fundamentals following its post-bankruptcy recovery. The agency affirmed a Positive Outlook across all categories.
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.
LATAM Airlines Group, based in Chile, has released its financial outlook for 2025, projecting an adjusted EBITDARbetween $3.2 billion and $3.6 billion. This optimistic forecast aligns with the airline’s continued recovery and expansion following the global resurgence of air travel.
LATAM Airlines Group, based in Chile, has signed its first-ever Sustainability-Linked Loan (SLL), securing financing of $300 million. The agreement was signed with Crédit Agricole CIB and BNP Paribas, both headquartered in France. This milestone marks a significant step in LATAM’s commitment to achieving its environmental, social, and governance (ESG) objectives.