Articles tagged “latam”

Aeromexico's and Latam's plans to exit U.S. Chapter 11 bankruptcy protection are becoming increasingly fraught as creditors fight over who is getting favorable treatment. The fights complicate the recovery plans of two of Latin America's largest international airlines.

Brazilian airline Azul dropped its plans to acquire bankrupt Latam after Latam filed its reorganization plan with the U.S. court overseeing its restructuring. Had Azul persisted, it would have created the largest airline group in South America.

Emirates President Tim Clark is flouting the conventional wisdom to predict business travel will return to its pre-pandemic level by the end of this year, when many of his peers think it will take a couple of years for it to recovery fully? Wishful thinking, or is he on to something?

The European and Chinese backers of travel agency WorldStrides seem to think there'll be a rebound for international student travel. Do they know something we don't?

Despite rising coronavirus cases and airlines on the brink of collapse, Milla Travel could still make its mark in a region that's long overdue for modernization in the travel management space.