LATAM Airlines Group announced June 17 its Argentinian subsidiary will cease operations indefinitely, as the bankrupt parent company looks to rid itself of loss-making assets.
Azul Brazilian Airlines and LATAM Airlines Brazil have signed a codeshare agreement initially to connect 50 non-overlapping routes in their respective domestic networks.
Delta Air Lines will suspend flights to 11 US markets from next month as it shrinks its route network to match demand. Separately, the carrier has also formally applied for the US Transportation Department to authorize its codeshare deal with LATAM Airlines Group.
LATAM Cargo Group is increasing frequencies to Europe and the U.S. to mitigate the effects caused by reduced belly capacity in passenger aircraft grounded by the COVID-19 pandemic.
South America’s largest commercial airlines suspended nearly all international flying and slashed domestic capacity, as the financial fall-out from the COVID-19 crisis reverberates across all corners of the global airline industry.