LATAM Shuts Down Operations in Argentina Due to Coronavirus Crisis

The news comes not long after the company announced the bankruptcy of its subsidiaries in Chile, Peru, Colombia, Ecuador, and the United States, also as a consequence of the pandemic.

RIO DE JANEIRO, BRAZIL - LATAM Airlines announced the shutdown of its operations in Argentina due to the company's current economic situation, compounded by the impact of the novel coronavirus pandemic. The airline also stressed the difficulty in building structural agreements with the local industry, saying "it is not possible to envisage a viable and sustainable project in the long term." Operations in Brazil will continue to operate as usual.

"This is regrettable but inevitable news. Today LATAM must focus on the group's restructuring to adapt to post-Covid-19 aviation. Argentina has been and will always remain a . . .

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