Browsing Tag
Chapter 11
13 posts
LATAM Group concluded restructuring process
The LATAM Group, the largest airline in Latin America, announced on Thursday that it had completed its financial…
SAS files for bankruptcy in the US
Scandinavian Airlines System (SAS), the main carrier in Sweden and Denmark, has filed for bankruptcy in the US,…
LATAM Airlines has reorganization plan approved by US court
LATAM Airlines announced that the Court for the Southern District of New York has approved the airline’s proposed…
Avianca announces approval of its financial reorganization plan
Avianca announced on Wednesday that it had successfully restructured the financial process to emerge from Chapter 11, US…
Following 18 months in bankruptcy, LATAM presents reorganization plan
It took 18 months for LATAM to finally present its reorganization plan in order to leave “Chapter 11”,…
Azul intends to make a purchase offer for the entire LATAM group
Azul, the airline founded by David Neeleman, intends to make an offer to buy LATAM, not just for…
LATAM asks for more time to file its plan of reorganization
LATAM Airlines requested the third postponement of the date of submission of its reorganization plan aimed at getting…
LATAM postpones bankruptcy plan for the second time
The LATAM group announced this Wednesday that the Southern District Court of New York has approved the extension…
LATAM seeks court approval to sell nine Boeing 767-300
LATAM has applied to the US courts for authorization to sell nine Boeing 767-300 jets to the company…
LATAM Brasil also files for bankruptcy protection in the US
Originally excluded from the Chilean group’s bankruptcy filing, LATAM Brasil was also added to the “Chapter 11” process…
Aeromexico is another Latin American airline to file for bankruptcy
Aeromexico announced on Tuesday that it was filed under Chapter 11 in the US in order to start…
LATAM follows Avianca and files for bankruptcy protection in the US
LATAM Airlines group filed for bankruptcy protection in the US on Tuesday so that the company can organize…
Avianca returns to bankruptcy protection
The second largest airline in South America, Avianca is in serious danger of going bankrupt. On Sunday, the…