Delta CEO: We're losing $60 million a day as the coronavirus pandemic rages on




Delta CEO: We\
Delta CEO: We\'re losing $60 million a day as the coronavirus pandemic rages on  
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Latin America
Latin America's largest airline LATAM files for U.S. bankruptcy protection
  • US
  • 2020-05-26 04:59:50Z

LATAM is the latest corporate victim of the coronavirus pandemic that has brought a virtual halt to air travel, joining Colombia's Avianca Holdings SA and Australia's Virgin Australia Holdings Ltd in bankruptcy protection as it seeks to restructure its debt. "We have implemented a series of difficult measures to mitigate the impact of this unprecedented industry disruption, but ultimately this path represents the best option," LATAM Chief Executive Officer Roberto Alvo said in a statement.

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