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dcajet
Posts: 5065
Joined: Sun Aug 01, 2004 9:31 am

Re: Updated: LATAM files for Bankruptcy

Mon Jun 28, 2021 10:30 pm

Significant changes on the South America - NZ - Australia routes as well:

* Melbourne: suspended
* Sydney nonstop from SCL: suspended
* SCL-AKL-SYD, reduced to 3x week
 
onwFan
Posts: 670
Joined: Wed Feb 03, 2016 4:02 am

Re: Updated: LATAM files for Bankruptcy

Tue Jun 29, 2021 1:42 am

With these major pullbacks, LA significantly risks losing market share on their key routes.

1. From MIA, AA has already increased LIM to 4x daily. LA dropping one daily frequency on MIA-GRU/SCL/EZE makes it easier for AA to bring back 3rd daily on MIA-GRU/EZE, and 2nd daily on MIA-SCL.

2. The JFK pullbacks are probably going to be the most risky. They also seem to have dropped JFK-GYE altogether. JFK-LIM/SCL/GYE were the probably the biggest markets where AA did not compete with LA, and I thought will have been be a pillar of the DL JV. With AA already having launched JFK-SCL/BOG/CLO/MDE on top of their JFK-GRU/EZE services, AA will most probably swallow JFK-LIM too. DL flies JFK-BOG, so that’s there.

3. The LAX cutbacks are probably the least risky as no other carrier is likely to be interested in those routes.

4. The Europe cuts will likely be costly for them as well, especially if the IB partnership goes away. If UX gets absorbed by IAG, they will take up 2x daily on MAD-GRU/LIM/SCL/BOG/(UIO+GYE). IB/Level has also been quite quite successful in BCN-South America, so that will follow. There is also the possibility of AF/KL/LH/TP utilizing the opportunity to add to South America.

5. The Australia/NZ routes will also likely be less of an issue as the only other operator QF is their partner, NZ having given up South America routes.
 
asuflyer
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Re: Updated: LATAM files for Bankruptcy

Tue Jun 29, 2021 1:55 am

LA is taking back some of the aircraft that it shed during the bankruptcy. It appears some leases were renegotiated at better terms and the aircraft are back in SCL.

A321 CC-BEE
A321 CC-BEF will rts with JJ as PT-XPS
787-9 CC-BGE
 
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LAXintl
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Re: Updated: LATAM files for Bankruptcy

Mon Jul 05, 2021 12:42 am

LATAM asked for court to authorization for sale of 9 767-300 frames - c/n 40592, 41746, 41748, 41995, 41996, 41997, 42213, 41993 and 41994 to Jetran.
 
jbs2886
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Re: Updated: LATAM files for Bankruptcy

Mon Jul 05, 2021 1:11 am

LAXintl wrote:
LATAM asked for court to authorization for sale of 9 767-300 frames - c/n 40592, 41746, 41748, 41995, 41996, 41997, 42213, 41993 and 41994 to Jetran.


I imagine these are ones to be converted to freighters for LATAM. All except 1 are at LATAM Brazil. With LATAM Brazil losing A359s and these aircraft, they’ll be significantly smaller.
Last edited by jbs2886 on Mon Jul 05, 2021 1:15 am, edited 1 time in total.
 
dcajet
Posts: 5065
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Re: Updated: LATAM files for Bankruptcy

Mon Jul 05, 2021 1:13 am

LAXintl wrote:
LATAM asked for court to authorization for sale of 9 767-300 frames - c/n 40592, 41746, 41748, 41995, 41996, 41997, 42213, 41993 and 41994 to Jetran.


All operated by LATAM Brasil. Unsure if it's for cargo conversions or a sale and lease back scheme., If it turns out to be cargo conversions, LATAM Brasil will be left with a fraction of their long haul capacity, now that the 350s are also gone. Even with a reduced schedule, it looks like some of the flying from GRU may need to call for LATAM Chile's 787s.
 
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UPlog
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Re: Updated: LATAM files for Bankruptcy

Mon Jul 05, 2021 2:10 am

When LATAM in March said they were expanding the freighter fleet they mentioned plan conversion on 8 frames.
Per airleets.net they still have 16 CC- registered 767 passenger frames of which 3 are stored that could be the cargo feed stock.
 
jbs2886
Posts: 3413
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Re: Updated: LATAM files for Bankruptcy

Mon Jul 05, 2021 2:13 am

dcajet wrote:
LAXintl wrote:
LATAM asked for court to authorization for sale of 9 767-300 frames - c/n 40592, 41746, 41748, 41995, 41996, 41997, 42213, 41993 and 41994 to Jetran.


All operated by LATAM Brasil. Unsure if it's for cargo conversions or a sale and lease back scheme., If it turns out to be cargo conversions, LATAM Brasil will be left with a fraction of their long haul capacity, now that the 350s are also gone. Even with a reduced schedule, it looks like some of the flying from GRU may need to call for LATAM Chile's 787s.


The purchaser is Jetran, so definitely cargo conversions. They’ve done significant transactions on 757s and 767s.
 
Jomar777
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Joined: Tue Oct 20, 2015 8:45 am

Re: Updated: LATAM files for Bankruptcy

Mon Jul 05, 2021 4:13 pm

bsbisland wrote:
Jomar777 wrote:
hannah9898 wrote:
The reason why LA is retiring all A350 is because they are not just at CH11 Bankruptcy, the economy of Brazil etc is now getting much worst too even before the pandemic and it's much more worst now to me. They will be cutting more flights within Brazil right after ending operation in Argentina.

I am sorry but you are wrong. the Brazilian economy is not as bad as you paint (for their standards anyway...) the market is there (will be once COVID19 subsidize).
.


Yes, it is. I'm Brazilian and live in Brazil and in my lifetime I don't remember Brazil being worse than it is now. Including economically with stagnant economy and high inflation (and a tone of other problems).


Sorry but still not right. But I will refrain from answering because we may go out of the main intent of A.net which is aviation; not economy. Have a great day!
 
Boof02671
Posts: 2687
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Re: Updated: LATAM files for Bankruptcy

Mon Jul 05, 2021 6:32 pm

jbs2886 wrote:
LAXintl wrote:
LATAM asked for court to authorization for sale of 9 767-300 frames - c/n 40592, 41746, 41748, 41995, 41996, 41997, 42213, 41993 and 41994 to Jetran.


I imagine these are ones to be converted to freighters for LATAM. All except 1 are at LATAM Brazil. With LATAM Brazil losing A359s and these aircraft, they’ll be significantly smaller.

Makes no sense to sell them for freighters to use yourself. And Jetran procures them for CAM and normally goes to Amazon after.
 
jbs2886
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Re: Updated: LATAM files for Bankruptcy

Mon Jul 05, 2021 7:28 pm

Boof02671 wrote:
jbs2886 wrote:
LAXintl wrote:
LATAM asked for court to authorization for sale of 9 767-300 frames - c/n 40592, 41746, 41748, 41995, 41996, 41997, 42213, 41993 and 41994 to Jetran.


I imagine these are ones to be converted to freighters for LATAM. All except 1 are at LATAM Brazil. With LATAM Brazil losing A359s and these aircraft, they’ll be significantly smaller.

Makes no sense to sell them for freighters to use yourself. And Jetran procures them for CAM and normally goes to Amazon after.


Air Canada did it, so has Icelandair. I know I’m forgetting others. This allows the airline to hedge against the business not working and canceling leases - it’s basically a version of sale/leaseback. So, yes, it does make sense.
 
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mercure1
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Re: Updated: LATAM files for Bankruptcy

Tue Jul 06, 2021 3:25 am

jbs2886 wrote:
Air Canada did it, so has Icelandair. I know I’m forgetting others. This allows the airline to hedge against the business not working and canceling leases - it’s basically a version of sale/leaseback. So, yes, it does make sense.


LATAM has been in the freighter business for decades (I fondly recall their 707 freighters). Its not like they are novices in the cargo business, so they well understand the business and any risk.
 
jbs2886
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Re: Updated: LATAM files for Bankruptcy

Tue Jul 06, 2021 3:31 am

mercure1 wrote:
jbs2886 wrote:
Air Canada did it, so has Icelandair. I know I’m forgetting others. This allows the airline to hedge against the business not working and canceling leases - it’s basically a version of sale/leaseback. So, yes, it does make sense.


LATAM has been in the freighter business for decades (I fondly recall their 707 freighters). Its not like they are novices in the cargo business, so they well understand the business and any risk.


Obviously they understand that :roll: , but there is a risk the cargo market doesn’t need their doubling of the freight fleet. Just because LATAM has been in the cargo business doesn’t mean the don’t need to hedge against risk-businesses hedge risks they’re familiar with all the time. This is also a way to finance the conversions because Jetran pays the costs.
 
Jomar777
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Re: Updated: LATAM files for Bankruptcy

Tue Jul 06, 2021 7:53 am

jbs2886 wrote:
mercure1 wrote:
jbs2886 wrote:
Air Canada did it, so has Icelandair. I know I’m forgetting others. This allows the airline to hedge against the business not working and canceling leases - it’s basically a version of sale/leaseback. So, yes, it does make sense.


LATAM has been in the freighter business for decades (I fondly recall their 707 freighters). Its not like they are novices in the cargo business, so they well understand the business and any risk.


Obviously they understand that :roll: , but there is a risk the cargo market doesn’t need their doubling of the freight fleet. Just because LATAM has been in the cargo business doesn’t mean the don’t need to hedge against risk-businesses hedge risks they’re familiar with all the time. This is also a way to finance the conversions because Jetran pays the costs.


I think that, cargo-wise, they are planning well. They have a good knowhow on the process anyway. What I wonder is what will they use to provide for the shortfall on LATAM Brazil's passenger demand when that picks up. I wonder if we will see soon some B787s passed on to LATAM Brazil given the A350s are gone. COVID19 wise, Brazil has ramped up their vaccination program so there's a chance that, by 2022, their passenger figures will start to go up...
 
dcajet
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Re: Updated: LATAM files for Bankruptcy

Tue Jul 06, 2021 8:08 am

Jomar777 wrote:
jbs2886 wrote:
mercure1 wrote:

LATAM has been in the freighter business for decades (I fondly recall their 707 freighters). Its not like they are novices in the cargo business, so they well understand the business and any risk.


Obviously they understand that :roll: , but there is a risk the cargo market doesn’t need their doubling of the freight fleet. Just because LATAM has been in the cargo business doesn’t mean the don’t need to hedge against risk-businesses hedge risks they’re familiar with all the time. This is also a way to finance the conversions because Jetran pays the costs.


I think that, cargo-wise, they are planning well. They have a good knowhow on the process anyway. What I wonder is what will they use to provide for the shortfall on LATAM Brazil's passenger demand when that picks up. I wonder if we will see soon some B787s passed on to LATAM Brazil given the A350s are gone. COVID19 wise, Brazil has ramped up their vaccination program so there's a chance that, by 2022, their passenger figures will start to go up...


As it stands now, the cuts to LATAM's long haul flying system wide for 2022 are massive. I don't think they will have much trouble meeting the planned schedule, even if LATAM Chile has to operate some flights for LATAM Brasil, such as GRU-CDG or GRU-MAD.
 
Jomar777
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Re: Updated: LATAM files for Bankruptcy

Fri Jul 09, 2021 8:08 am

dcajet wrote:
Jomar777 wrote:
jbs2886 wrote:

Obviously they understand that :roll: , but there is a risk the cargo market doesn’t need their doubling of the freight fleet. Just because LATAM has been in the cargo business doesn’t mean the don’t need to hedge against risk-businesses hedge risks they’re familiar with all the time. This is also a way to finance the conversions because Jetran pays the costs.


I think that, cargo-wise, they are planning well. They have a good knowhow on the process anyway. What I wonder is what will they use to provide for the shortfall on LATAM Brazil's passenger demand when that picks up. I wonder if we will see soon some B787s passed on to LATAM Brazil given the A350s are gone. COVID19 wise, Brazil has ramped up their vaccination program so there's a chance that, by 2022, their passenger figures will start to go up...


As it stands now, the cuts to LATAM's long haul flying system wide for 2022 are massive. I don't think they will have much trouble meeting the planned schedule, even if LATAM Chile has to operate some flights for LATAM Brasil, such as GRU-CDG or GRU-MAD.


I quite agree with you in regards to the end of this year/beginning of 2022. But when demand picks up again, then these B767s as well as the departed A350s will be missed. I am not sure how long will they keep their leased B777s also although I think they still have quite a good deal of life on them.
 
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Polot
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Re: Updated: LATAM files for Bankruptcy

Fri Jul 09, 2021 10:58 am

Jomar777 wrote:
dcajet wrote:
Jomar777 wrote:

I think that, cargo-wise, they are planning well. They have a good knowhow on the process anyway. What I wonder is what will they use to provide for the shortfall on LATAM Brazil's passenger demand when that picks up. I wonder if we will see soon some B787s passed on to LATAM Brazil given the A350s are gone. COVID19 wise, Brazil has ramped up their vaccination program so there's a chance that, by 2022, their passenger figures will start to go up...


As it stands now, the cuts to LATAM's long haul flying system wide for 2022 are massive. I don't think they will have much trouble meeting the planned schedule, even if LATAM Chile has to operate some flights for LATAM Brasil, such as GRU-CDG or GRU-MAD.


I quite agree with you in regards to the end of this year/beginning of 2022. But when demand picks up again, then these B767s as well as the departed A350s will be missed. I am not sure how long will they keep their leased B777s also although I think they still have quite a good deal of life on them.

LATAM Brazil was bloated with too many wide body aircraft on loss making routes pre pandemic anyways. Part of their issue is they were not doing financially great prior to entering COVID. That’s why they had A350s leased out (I’m think some of them had never actually operated LATAM flights) and sold orders to DL (and were going to sell the used leased out planes to them too).
 
dcajet
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Re: Updated: LATAM files for Bankruptcy

Fri Jul 09, 2021 4:07 pm

Jomar777 wrote:
dcajet wrote:
Jomar777 wrote:

I think that, cargo-wise, they are planning well. They have a good knowhow on the process anyway. What I wonder is what will they use to provide for the shortfall on LATAM Brazil's passenger demand when that picks up. I wonder if we will see soon some B787s passed on to LATAM Brazil given the A350s are gone. COVID19 wise, Brazil has ramped up their vaccination program so there's a chance that, by 2022, their passenger figures will start to go up...


As it stands now, the cuts to LATAM's long haul flying system wide for 2022 are massive. I don't think they will have much trouble meeting the planned schedule, even if LATAM Chile has to operate some flights for LATAM Brasil, such as GRU-CDG or GRU-MAD.


I quite agree with you in regards to the end of this year/beginning of 2022. But when demand picks up again, then these B767s as well as the departed A350s will be missed. I am not sure how long will they keep their leased B777s also although I think they still have quite a good deal of life on them.


LATAM Chile still has 15 pax 767s (12 active + 3 parked; mostly used by LATAM Peru). IIRC, Brazil's ANAC authorized LATAM Brasil to operate with those CC- registered planes sometime before the pandemic. Perhaps those 767s could be a source of capacity for LATAM Brasil, as more 787s take on some of the flying from the Lima hub.
 
ScottB
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Re: Updated: LATAM files for Bankruptcy

Fri Jul 09, 2021 4:44 pm

onwFan wrote:
With these major pullbacks, LA significantly risks losing market share on their key routes.


I doubt market share is a serious concern in a period where the pandemic continues to keep borders closed or severely restricted. Australia is almost completely closed to foreigners. No country in South America is on the EU's green list at present.
 
Jomar777
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Re: Updated: LATAM files for Bankruptcy

Sun Jul 11, 2021 10:56 am

Polot wrote:
Jomar777 wrote:
dcajet wrote:

As it stands now, the cuts to LATAM's long haul flying system wide for 2022 are massive. I don't think they will have much trouble meeting the planned schedule, even if LATAM Chile has to operate some flights for LATAM Brasil, such as GRU-CDG or GRU-MAD.


I quite agree with you in regards to the end of this year/beginning of 2022. But when demand picks up again, then these B767s as well as the departed A350s will be missed. I am not sure how long will they keep their leased B777s also although I think they still have quite a good deal of life on them.

LATAM Brazil was bloated with too many wide body aircraft on loss making routes pre pandemic anyways. Part of their issue is they were not doing financially great prior to entering COVID. That’s why they had A350s leased out (I’m think some of them had never actually operated LATAM flights) and sold orders to DL (and were going to sell the used leased out planes to them too).


LATAM Brasil was not bloated. It had a clear plan, including the A359 on it, as TAM Brasil before pre-merger. Once the merger occurred, a mistake in my opinion, it reviewed its instance (a new plan to operate independently) but then COVID19 struck. Note that LATAM Brasil is the healthier part of he group. It needed to ride a difficult transition period.

With COVID19, this became untenable and we have what we have now. The A359s that were with Qatar Airways at that time were being used to plug Qatar Airways pre-blockade shortages and remained there because they were important to allow them to restructure themselves pos-blockade on the back of the opportunity found by LATAM's transferring B767s in great condition from LAN to TAM. This plan worked really well and rendered those A359s irrelevant to the Brazilian Fleet even before pandemic hit. Now, to cater for the pandemic, it is starting to convert those B767s to freight (it does not need the capacity in short to medium term) and got rid of the A359s which did not correspond to their needs (could not for example replace the B777s it has in maters of performance and capacity) neither are needed for new routes/increase in capacity.

With the increase of the B787 fleet in Chile, there might be more B767s available to cater to a return of some form of the previous offering.

Note that the original plan for TAM Brasil (and for earlier LATAM Brasil pre-COVID19, for that matter) was to have a Airbus only fleet with the B777s coming to their lease end naturaly and being replaced by the A350. By obvious reasons - this plan has now been abandoned.
 
Jomar777
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Re: Updated: LATAM files for Bankruptcy

Sun Jul 11, 2021 10:58 am

dcajet wrote:
Jomar777 wrote:
dcajet wrote:

As it stands now, the cuts to LATAM's long haul flying system wide for 2022 are massive. I don't think they will have much trouble meeting the planned schedule, even if LATAM Chile has to operate some flights for LATAM Brasil, such as GRU-CDG or GRU-MAD.


I quite agree with you in regards to the end of this year/beginning of 2022. But when demand picks up again, then these B767s as well as the departed A350s will be missed. I am not sure how long will they keep their leased B777s also although I think they still have quite a good deal of life on them.


LATAM Chile still has 15 pax 767s (12 active + 3 parked; mostly used by LATAM Peru). IIRC, Brazil's ANAC authorized LATAM Brasil to operate with those CC- registered planes sometime before the pandemic. Perhaps those 767s could be a source of capacity for LATAM Brasil, as more 787s take on some of the flying from the Lima hub.


You are right and it it might be the case on a short term but further on, I would see LATAM Brazil still needing a replacement for the B777s it has on lease once that lease becomes too onerous. Then I wonder if it would be the case of unifying the whole entity as a Chilean (main shareholding) entity and flying a B787 fleet only as far as Long Haul concerns. We would then have a smaller, local only, entity in Brazil to cater for the internal market.
 
dcajet
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Re: Updated: LATAM files for Bankruptcy

Sat Jul 24, 2021 10:21 pm

LATAM together with Brazil´s ANAC have begun the process of certification of the Boeing 787 in Brazil, indicating that LATAM Brasil will be operating the 787. Brazilian pilots are already going thru simulator training in SCL.

It appears that LATAM Brasil will operate under the fleet interchange mode with LATAM Chile, and that the aircraft will retain their CC- registration. However, a source from within LATAM has told me that the above has not been defined yet and that a number of LA's 787 could end up under Brazil's registry,

https://www.aeroin.net/com-saida-a350-l ... 87-brasil/
 
dcajet
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Re: Updated: LATAM files for Bankruptcy

Thu Aug 05, 2021 6:24 pm

According to the BCN airport Twitter account, LATAM is returning to Barcelona.

* GRU - BCN returns on Nov 4, 4x w

* LIM - BCN returns on Nov 3, 3x w

All flights operated with the 763ER

https://twitter.com/Aeropuerto_BCN/stat ... 8247341062
 
dcajet
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Re: Updated: LATAM files for Bankruptcy

Thu Aug 05, 2021 9:53 pm

The LATAM Group submitted for the approval of the US Bankruptcy Court an agreement with Airbus for the purchase of 28 new aircraft, which will be added to the 42 narrowbody already agreed upon, as part of its fleet modernization and efficiency plan for the coming years. This order, which totals 70 aircraft, maintains the LATAM Group's fleet as the largest in Latin America

https://www.aeroin.net/grupo-latam-adqu ... s-a320neo/
 
jbs2886
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Re: Updated: LATAM files for Bankruptcy

Thu Aug 05, 2021 10:02 pm

dcajet wrote:
The LATAM Group submitted for the approval of the US Bankruptcy Court an agreement with Airbus for the purchase of 28 new aircraft, which will be added to the 42 narrowbody already agreed upon, as part of its fleet modernization and efficiency plan for the coming years. This order, which totals 70 aircraft, maintains the LATAM Group's fleet as the largest in Latin America

https://www.aeroin.net/grupo-latam-adqu ... s-a320neo/


Thanks for sharing. Sounds like replacement aircraft, but no indication of timeline or airline placements.
 
jbs2886
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Re: Updated: LATAM files for Bankruptcy

Thu Aug 05, 2021 10:06 pm

Looking through the docket, looks like LATAM is getting 5 ex-Norwegian 789s. Three from Avolon. https://cases.primeclerk.com/LATAM/Home ... Q==&id2=-1. Two from ORIX. https://cases.primeclerk.com/LATAM/Home ... w==&id2=-1

I'm not seeing the Airbus order yet in the docket.
Last edited by jbs2886 on Thu Aug 05, 2021 10:16 pm, edited 1 time in total.
 
dcajet
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Re: Updated: LATAM files for Bankruptcy

Thu Aug 05, 2021 10:15 pm

jbs2886 wrote:
Looking through the docket, looks like LATAM is getting 5 ex-Norwegian 789s. Three from Avolon. https://cases.primeclerk.com/LATAM/Home ... Q==&id2=-1. Two from ORIX. https://cases.primeclerk.com/LATAM/Home ... w==&id2=-1


Makes sense. LATAM Brazil will need replacement capacity asap, with the retirement of the A350 fleet and the cargo conversions of most (if not all) the 767s. Brazilian pilots are already in SCL doing 787 simulator training and LATAM is working with the Brazilian regulator, ANAC to certify the 787 in Brazil.
 
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MatheusLPV
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Re: Updated: LATAM files for Bankruptcy

Fri Aug 06, 2021 4:00 am

jbs2886 wrote:
Looking through the docket, looks like LATAM is getting 5 ex-Norwegian 789s. Three from Avolon. https://cases.primeclerk.com/LATAM/Home ... Q==&id2=-1. Two from ORIX. https://cases.primeclerk.com/LATAM/Home ... w==&id2=-1

I'm not seeing the Airbus order yet in the docket.


Does anyone knows if the 787-9's operated by Norwegian features Crew Rest for both Pilots and Cabin Crew ? LATAM is facing some challenges, particularly in Brazil ,because their 787's only features the forward crew rest for pilots , leaving the cabin crew resting in the last row of seats reserved fot them wich shorten the lengh of the flight they can operate .LATAM CHILE just received its first 2 787-9 equiped whith Crew rest for Cabin Crew at the rear of the plane and the idea was to install crew rest in the 787's previously received once they go through the retrofit to get the new interiors .
 
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NearMiss
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Re: Updated: LATAM files for Bankruptcy

Fri Aug 06, 2021 2:09 pm

dcajet wrote:
The LATAM Group submitted for the approval of the US Bankruptcy Court an agreement with Airbus for the purchase of 28 new aircraft, which will be added to the 42 narrowbody already agreed upon, as part of its fleet modernization and efficiency plan for the coming years. This order, which totals 70 aircraft, maintains the LATAM Group's fleet as the largest in Latin America

https://www.aeroin.net/grupo-latam-adqu ... s-a320neo/


So these should be replacing those older IAE frames. I haven't read any news about new frames being delivered to LATAM recently. Are those deliveries on hold?
 
RoyalBrunei757
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Re: Updated: LATAM files for Bankruptcy

Fri Aug 06, 2021 2:21 pm

MatheusLPV wrote:
jbs2886 wrote:
Looking through the docket, looks like LATAM is getting 5 ex-Norwegian 789s. Three from Avolon. https://cases.primeclerk.com/LATAM/Home ... Q==&id2=-1. Two from ORIX. https://cases.primeclerk.com/LATAM/Home ... w==&id2=-1

I'm not seeing the Airbus order yet in the docket.


Does anyone knows if the 787-9's operated by Norwegian features Crew Rest for both Pilots and Cabin Crew ? LATAM is facing some challenges, particularly in Brazil ,because their 787's only features the forward crew rest for pilots , leaving the cabin crew resting in the last row of seats reserved fot them wich shorten the lengh of the flight they can operate .LATAM CHILE just received its first 2 787-9 equiped whith Crew rest for Cabin Crew at the rear of the plane and the idea was to install crew rest in the 787's previously received once they go through the retrofit to get the new interiors .

Yes, they do for both B787-8 and B787-9. Two crew rest areas on each aircraft. The one at the front can accommodate two persons. The one at back can accommodate five persons.

https://www.norwegian.com/contentassets ... iefing.pdf
 
RoyalBrunei757
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Re: Updated: LATAM files for Bankruptcy

Sun Aug 08, 2021 1:19 pm

NearMiss wrote:
dcajet wrote:
The LATAM Group submitted for the approval of the US Bankruptcy Court an agreement with Airbus for the purchase of 28 new aircraft, which will be added to the 42 narrowbody already agreed upon, as part of its fleet modernization and efficiency plan for the coming years. This order, which totals 70 aircraft, maintains the LATAM Group's fleet as the largest in Latin America

https://www.aeroin.net/grupo-latam-adqu ... s-a320neo/


So these should be replacing those older IAE frames. I haven't read any news about new frames being delivered to LATAM recently. Are those deliveries on hold?

Good question. Didn't they not taken up some of their newly built A320neo family during the bankruptcy proceedings too?
 
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LAXintl
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Re: Updated: LATAM files for Bankruptcy

Fri Sep 10, 2021 4:09 pm

LATAM Airlines Group has released a five-year business plan that includes details of its exit financing process. LATAM says that it has received several commitments from significant claim holders and shareholders, which can provide it than US$5 billion of new funding.

LATAM filed a motion seeking to solicit acceptances of its reorganization plan through December 15, 2021 and finalize its exit capital and financing along with ongoing negotiations with the various stakeholders in its Chapter 11 proceedings.
 
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LAXintl
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Re: Updated: LATAM files for Bankruptcy

Wed Sep 29, 2021 4:59 pm

LATAM obtained funding of up to US $750 million from Oaktree Capital Management and Apollo Holdings, as part of Tranche B of the DIP financing.
In total LATAM has secured $3.2bil in financing of which $1.65bil has been utilized to date.

https://aerolatinnews.com/destacado/lat ... ciamiento/
 
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LAXintl
Posts: 25557
Joined: Wed May 24, 2000 12:12 pm

Re: Updated: LATAM files for Bankruptcy

Fri Oct 15, 2021 3:25 pm

Per court docket LATAM now requesting an extension in the exclusive period to file a reorg plan till 26 January 2022.
 
crownvic
Posts: 2892
Joined: Wed Oct 20, 2004 10:16 pm

Re: Updated: LATAM files for Bankruptcy

Fri Oct 15, 2021 3:35 pm

With the November 8th opening for non essential travel for Brazil to US maybe that will help them out. Lets see the wide-bodies back at KMCO please!
 
deltatrav
Posts: 77
Joined: Tue Oct 02, 2018 6:33 pm

Re: Updated: LATAM files for Bankruptcy

Tue Oct 19, 2021 1:28 am

Any news on whether the remaining 767s are fully refurbished with business class? If not, does anyone know timing?

thanks
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