775566243Tribunal de EEUU aprueba plan financiero de LATAM para enfrentar crisis por la pandemia

The US Bankruptcy Court approved a $2.45 billion financing proposal for TAM Airlines, the largest airline in Latin America, to help it overcome the COVID-19 crisis. The proposal replaced a previous plan rejected due to debt convertibility issues. TAM Airlines increased financing by $450 million with new investors. The approval is part of a Chapter 11 process initiated in May, allowing the company to restructure without creditor pressure. The pandemic caused a 75.9% revenue drop and significant layoffs. Despite closing its Argentina branch, TAM is gradually restoring international operations and increasing internal flows in South America.

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