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Published on 11/10/2021 in the Prospect News Distressed Debt Daily.

Latam Airlines reports $61.93 million September loss from operations

By Sarah Lizee

Olympia, Wash., Nov. 10 – Latam Airlines Group, SA reported a $61.93 million loss from operations on $484.05 million of total operating revenue for the September period, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of New York.

The net loss for the period was $92.52 million.

The company reported $930.18 million in cash and cash equivalents as of Sept. 30.

Latam Airlines is a Santiago, Chile-based airline. The company filed bankruptcy on May 25, 2020 under Chapter 11 case number 20-11254.


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