Those numbers show revenue per country and not revenue per company, so they're not entirely accurate. A lot of ex-Argentina ASMs are actually flown by Latam Chile, Peru. Paraguay and Brazil. And regarding my post, fleet wise LATAM Argentina is actually smaller than LATAM Colombia, although bigger by ASMs due to the EZE-MIA route. However, I said LATAM Argentina because I believe they're at higher risk of liquidation given the current government of Argentina is unfriendly to foreign businesses and the operation poses a bigger risk to the group than those of Colombia and Ecuador for that reason.
I never said they were revenue by company, rather LATAM's footprint on each market. And regarding fleet, LATAM Colombia does not have a single passenger plane to its name, rather they are all cycled via the LIM hub from the Chile and Peru operations, according to the scheduling needs. How many are there at any given time in Colombia? I am just curious and asking you.
As to 4M, I would not worry very much, barring further bad news regarding the pandemic. LATAM knows how to play the game in Argentina - keep in mind they were sponsored into the country by none other than the Kirchners. They have been extremely conservative over the past few years when the market was liberalizing under Macri. So they find themselves now with a very tight ship - and less exposed than the competition.