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LATAM Airlines this morning filed for Chapter 11 Bankruptcy in the US, though Quatar Airways & 2 South American Families have pledged almost $1 billion USD in support to preserve the airline & uninterrupted operations.

Finance Colombia arranged a meeting with key analysts with Standard & Poor to understand how this might play out for LATAM and Avianca, the two full service carriers that operate domestic routes in Colombia.

According to aviation publication Simple Flying, LATAM Airlines (NYSE:LTM, IPSA: LTM) has reduced its order for Airbus A350 XWB aircraft from 25 to 15.

Qatar Airways Told Reuters it wants to up its stake in Chile-based LATAM to 20%, equaling Delta's

Many business publications are reporting that Colombian airline Avianca’s board of directors has appointed Aeromexico’s Anko Van Der Werff as the airline’s new CEO. Van Der Werff has been serving for the past 5 years with Aeromexico, most recently as...

Avianca beat out beat everyone on the continent, including second-place finisher Azul Airlines, LATAM, Sky Airlines, and Aerolíneas Argentinas.

Bancolombia: "The transaction — still pending approval — demonstrates the interest of large global players to get market exposure to Latin America."