At the end of 15 years: The Latam subsidiary in Argentina is not flying. She is another victim of the Corona-crisis.
Airbus-A320-Latam-Argentina: On the ground.
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You carried last year, 3.1 million passengers and had a fleet of 13 Airbus A320. And she was a long time active in the market. Still not managed Latam Argentina to withstand the Corona of a crisis. On Wednesday evening, the airline announced that the operation “for an indefinite period of time” set.
The Airline was founded in 2005. Its parent company Latam is the largest airline group in South America. At the end of may, it was reported to be unable to pay, and to save themselves in creditor protection. Not by the measure, the subsidiaries in Argentina, Brazil and Paraguay were affected, however. Nevertheless, Latam Argentina is now at the end.
Furthermore, in Argentina
Nevertheless, Latam Argentina does not want to give up. You will serve the country with other companies of the group. Argentina had opened its market to 2018 for low-cost airlines. There were a number of new Airlines, which garnered a lot of competition and declining margins.
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