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LATAM Brasil reactiva ruta Sao Paulo-Cancún para el mes de junio | Noticias de turismo REPORTUR
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What other airlines can you spend Emirates miles on?
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By Cirium2021-04-13T15:27:00+01:00
German leisure carrier Sundair has emerged from its ‘protective shield’ restructuring process after five months of reorganisation.
The airline confirms to Cirium that it has successfully exited the proceedings, with a “perfect future set-up”.
Source: Shutterstock
Sundair began the restructuring process in November after being “seriously affected” by the Covid-19 pandemic. Germany’s protective shield process allows companies to restructure their businesses under the protection of insolvency law.
The airline says its fleet currently consists of three Airbus A320s and two A319s. In November, Cirium fleets data showed that Sundair had five A320s – three of which were leased – and two A319s. The A319s are managed by BBAM. LATAM Airlines Brazil managed two of the leased A320s and Aircastle one.
By Lewis Harper2021-02-22T16:20:00+00:00
Of all the moments to take control of an airline group, March 2020 perhaps ranks as one of the least attractive in history.
But that was the reality facing LATAM Airlines Group chief executive Roberto Alvo, who assumed the top role following the departure of long-serving chief Enrique Cueto, who remains on the board.
Helpfully, Alvo is not new to LATAM Airlines. He has 19 years of experience with the firm, holding positions in finance, fleets and commercial operations. That experience was no doubt tested to the limit when, in late May 2020, LATAM Airlines, along with some affiliates, filed for US Chapter 11 creditor protection in order to undertake restructuring.
Compañía Gol Airlines acusa de anticompetitiva operación conjunta de Latam Airlines y Azul en Brasil
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