Analysts: Court Denial of LATAM Relief Loan Hinders Situation, But Alternatives Exist

According to some of these observers, the US court's ruling increases the chance of the airline going bankrupt.

RIO DE JANEIRO, BRAZIL - The New York bankruptcy court's ruling to reject LATAM's US$2.4 billion (R$12.7 billion) financing proposal under the DIP (debtor in possession) model complicates the company's situation and increases its short-term cash-flow constraint, but the company still . . .

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