Is LATAM going bust?
Is LATAM going bust? LATAM Airlines Group has officially exited bankruptcy protection following the successful completion of its financial restructuring to emerge as a more efficient group with a modernised fleet, a strengthened financial position of more than USD2. 2 billion of liquidity and USD3. 6 billion or 35% less debt.
What is Latam Airlines known for?
LATAM is Latin America's leading airline group, with presence in five domestic markets in South America: Brazil, Chile, Colombia, Ecuador and Peru, along with international operations within Latin America and to Europe, US and the Caribbean.
What happened to Latam Airlines crash?
In September 2023 the CIAA released their final report, which concluded that the crash had been the result of the emergency vehicles entering the runway without permission.
What happened with Latam Airlines?
LATAM filed for Chapter 11 in 2020 after airline travel was hammered during the pandemic, and it won court approval that June.
Is LATAM a low cost airline?
It should also be noted that while LATAM, Aerolineas Argentinas, and Avianca—which are among the most popular airlines in South America—aren't classified as budget airlines, it's worth checking their fares out, as sometimes their prices can be competitive against these budget airlines.
What is the not safest airline?
While AirlineRatings.com does not officially release rankings for the least-safe airlines, the following carriers featured at the bottom of the list with one-star rankings: Nepal Airlines (Nepal), Airblue (Pakistan), Sriwijaya Air (Indonesia), Blue Wing (Suriname), Pakistan International Airlines and Air Algerie ( ...
Which airline has never had a crash?
Running since 1929, Hawaiian is among the oldest airlines in the world but, remarkably, it has never suffered a single fatal crash or hull loss.
Has any plane crashed in 2023?
August 22, 2023 A twin-engine Beechcraft BE99 crashed in a field in Litchfield, Maine, around 5:45 p.m. local time Tuesday, Aug. 22. Two people were on board. The FAA and NTSB will investigate. The NTSB will be in charge of the investigation and will provide any updates.