Latam Fleet Revision Cuts $1.1 Billion From Expenditure Through 2015

Latam Airlines Group has reduced its capacity expansion through to the end of 2015 by 21 narrowbodies and one widebody. The revision reduces the company’s aircraft investment by $1.1 billion, some 17% less than planned when Latam was created a year ago with the merger of LAN Airlines and Grupo TAM...

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