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LATAM Airlines Group (LAN Airlines and TAM Linhas Aereas) (Santago and Sao Paulo) reported it lost $330 million in the second quarter. The group was created last year with the merger of the two airlines. The group is struggling in Brazil with TAM due to a weakening Brazilian economy. TAM is cutting costs and reducing flights.
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LATAM Airlines Group Fleet Plans (excerpt from the report):
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Top Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com. Sporting new Sharklets, Airbus A320-214 PR-MYY (msn 5591) taxies at the Sao Paulo (Guarulhos) hub.
LAN Airlines (Chile): Image may be NSFW.
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TAM Linhas Aereas: Image may be NSFW.
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Bottom Copyright Photo: Alvaro Romero/ModoCharlie.com. Boeing 777-F6N N772LA (msn 37708) arrives at the Santiago hub.
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Filed under: LAN Airlines (Argentina), LAN Airlines (Chile), LAN Airlines (Colombia), LAN Airlines (Ecuador), LAN Airlines (Peru), LAN Cargo, LATAM Airlines Group, TAM Airlines, TAM Brasil, TAM Brasil (TAM Linhas Aereas), TAM Linhas Aereas Tagged: 37708, 5591, 777, 777200F, 777F, 777F6N, A320, A320200, A320214, Airbus, Airbus A320, Airbus A320200, aviation, Boeing, Boeing 777, Boeing 777F, GRU, Guarulhos, LAN Airlines, LAN Airlines (Chile), LAN Cargo, N772LA, PRMYY, Santiago, Sao Paulo, SCL, Sharklets, TAM, TAM Brasil, TAM Linhas Aereas, transportation Image may be NSFW.
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