LATAM Airlines Group is advancing its aggressive fleet renewal with a landmark US$505 million financing deal, including its largest sustainability-linked tranche to date, as it gears up to add 11 new-generation jets amid volatile markets and persistently high fuel costs.
CDB Aviation Leases Five Airbus A321neo To LATAM as the aircraft lessor expands its partnership with LATAM Airlines Group, supporting the carrier’s ongoing fleet modernization and growth strategy across Latin America.
LATAM Brasil, the Brazilian arm of the LATAM Airlines Group, has expanded its narrowbody fleet with the delivery of an Airbus A320neo, identified by serial number 12488. The aircraft is leased and features Pratt & Whitney PW1127G-JM engines, part of the Geared Turbofan (GTF) series, renowned for improved fuel efficiency and environmental performance.
LATAM Brasil, the Brazilian arm of the LATAM Airlines Group, has taken delivery of a new Airbus A321neo, marked by manufacturer serial number 12688. The aircraft is powered by Pratt & Whitney PW1133G-JM geared turbofan engines and will support LATAM’s continued modernization and efficiency-focused growth strategy across South America.
The Board of Directors of LATAM Airlines Group, headquartered in Chile, has agreed to propose a substantial dividend payment totaling US$293 million, scheduled to be distributed on 22 April 2025.
LATAM Airlines Group, based in Chile, has announced its financial results for fiscal year 2024, reporting a 10.6% increase in total revenues, reaching $13.0 billion. The company also achieved a 67.9% rise in net income, totaling $977 million, and ended the year with liquidity of $3.5 billion.
LATAM Airlines Group, a leading airline group in Latin America, has announced the appointment of Ricardo Bottas Dourado as its new Chief Financial Officer (CFO). This strategic leadership change aims to strengthen the financial management and growth trajectory of the group as it navigates the dynamic aviation industry.
LATAM Airlines Group has bolstered its long-haul fleet by placing an order for 10 Boeing 787-9 Dreamliners, with an additional option to purchase five more of the wide-body aircraft.
