Airlines files bankruptcy

Airlines files bankruptcy

Airlines files bankruptcy

Santiago , May 26:

South American carrier Latam Airlines says it is seeking Chapter 11 bankruptcy protection as it grapples with the sharp downturn in air travel sparked by the coronavirus pandemic.

The Santiago, Chile-based airline said Tuesday that it and some of its affiliated companies launched the reorganisation effort in the United States.

The carrier aims to continue operating and hopes to reduce its debt and find new financing sources.

Ranjini Trinitymirror

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