Aviation
Commercial /
Americas
Expanded order
LATAM Airlines orders 70 new Airbus A320 aircraft
A320neo
Divulgação/Airbus
Gabriela Ramos
10/12/2021
Latam Airlines Group recently completed an order for Airbus for 70 A320 aircraft for short-haul routes. This order will be added to the previous order for 42 aircraft. The new planes will be received between 2022 and 2027.
The news was given by Roberto Alvo, CEO of LATAM, in an interview with Valora Analitik at the Annual Meeting of the International Air Transport Association (IATA), which took place this week at the Boston Plaza Park Hotel.
Target stated that after replacing some old aircraft and receiving the ordered planes, the company will have around 300 aircraft.
At the time, Alvo also commented that the company will focus on approving the Joint Venture agreement with Delta Airlines and also recalled that LATAM is working on the details to complete the financing of the US reorganization plan. However, the executive clarified that, like Avianca, the approval of this financing plan could represent a “considerable dilution” of the current shareholders.
Finally, Alvo stated that LATAM will become profitable again in 2023, after the end of the Covid crisis.
A320neo
Divulgação/Airbus
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Gabriela Ramos
Gabriela is the latest addition to the editorial team of our website, having provided us with her solid background in editing, publishing and photography, and her interest and training in aviation history and historiography. His good taste and common sense and great cleverness and sagacity in the selection of themes and materials greatly enriched our vocabulary and narrative style. Gabriela brought unusual predicates and came to stay, helping to point the way of success of our portal.
   
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