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Latam Airlines files for Chapter 11 bankruptcy protection

Latam Airlines files for Chapter 11 bankruptcy protection

South America’s biggest airline Latam sought Chapter 11 bankruptcy protection as it grapples with the sharp downturn in air travel sparked by the pandemic. Latam has joined other airlines like Colombia’s Avianca and Virgin Australia in bankruptcy protection as it seeks to restructure its debt. The filing includes Latam Airlines Group SA and its affiliated airlines in Colombia, Peru and Ecuador

Chris
Chris
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