LATAM Reduces International Flights by 30 Percent on Lower Demand and Travel Restrictions
LATAM announced Thursday that they will reduce by around 30% their international flights primarily between South America, Europe and the US between April 1st and May 30, 2020 on reduced demand and travel restrictions.
Today, Santiago, Chile-based LATAM Airlines Group and subsidiaries announced they will reduce their international schedule, primarily from South America to Europe and the US due to reduced demand and travel restrictions related to the global COVID-19 pandemic. The reduced schedule will affect flights between April 1st and May 30, 2020. In Thursday’s announcement, LATAM Airlines Group’s Chief Commercial Officer and CEO-elect, Roberto Alvo said,
“Faced with this complex and extraordinarily dynamic scenario, LATAM is taking immediate and responsible measures to safeguard the group’s long-term sustainability, while seeking to secure passengers’ travel plans and protect the jobs of the group’s 43,000 coworkers. At the same time, we will maintain the flexibility to take additional measures, if necessary, due to the speed at which events are unfolding. We will continue to monitor the progress of the COVID-19 coronavirus, promoting the sanitary measures recommended by respective authorities and providing passengers with flexibility and the best connectivity to reach their destinations.”
Additionally, LATAM will take other austerity measures including the suspension of new investments, reducing expenses, freezing hiring, offering unpaid leave and bringing vacations forward. Currently, the group is maintaining their national domestic flight itineraries.
LATAM Airlines Group is the leading airline group in Latin America, offering service to 145 destinations in 26 countries including six domestic markets (Argentina, Brazil, Chile, Colombia, Ecuador and Peru) as well as international service to Europe, the United States, the Caribbean, Oceania, Africa and Asia. The group employs 43,000 team members worldwide and operates around 1,400 daily flights, transporting more than 74 million customers annually. LATAM’s 332 aircraft fleet includes modern, state-of-the art and fuel efficient Boeing 787 Dreamliners, Airbus A350s and Airbus A321 and A320neos.
Source: LATAM Airlines Group