LATAM Airlines Group S.A. and its affiliates in Chile, Peru, Colombia, Ecuador, and the United States initiated a voluntary reorganization and restructuring of their debt under Chapter 11 protection in the United States with the support of the Cueto and Amaro families and Qatar Airways, two of the largest shareholders of LATAM. In light of the effects of COVID-19 on the worldwide aviation industry, this reorganization process provides LATAM with an opportunity to work with the group’s creditors … [Read more...] about LATAM announces reorganization to ensure long-term sustainability