• 16 Dec 24

  NEWS
  LATAM Airlines extends Amadeus distribution agreement

  LATAM Airlines has renewed its multi-year distribution agreement with Amadeus. Under the expanded agreement, LATAM ...Read more
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  LATAM Airlines extends Amadeus distribution agreement - News & announcements

  LATAM Airlines has renewed its multi-year distribution agreement with Amadeus. Under the expanded agreement, LATAM Airlines NDC content and traditionally sourced content (EDIFACT) will be available through the Amadeus Travel Platform for all Amadeus connected travel agents. The NDC option provides travel sellers with more flexibility and personalized travel solutions. "Renewing our distribution agreement with LATAM Group allows us to offer the most relevant travel offers to our subscribers and supports our business strategy of providing comprehensive travel solutions," said Victoria Gorzio, VP Airlines, Latin America, Amadeus. "This agreement is a major milestone in our NDC roll-out, as it adds significant reach to the group’s distribution mix and expands the relationship with Amadeus beyond EDIFACT content," added Tomas Covarrubias, Senior VP of Revenue, Sales & Distribution, LATAM Group.

• 04 Dec 24

  NEWS
  LATAM Airlines Group inks sustainability-linked loan

  LATAM Airlines Group signed its first sustainability-linked loan for a total of S$300 million. It ...Read more
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  LATAM Airlines Group inks sustainability-linked loan - News & announcements

  LATAM Airlines Group signed its first sustainability-linked loan for a total of S$300 million. It becomes the only airline in South America to take out a financial commitment of this kind. The agreement signed with Credit Agricole Corporate & Investment Banking and BNP Paribas is a revolving credit line. It allows LATAM Airlines to access additional long-term financing under conditions if a series of sustainability goals are met. It comes after LATAM Airlines made its return to the New York Stock Exchange and reported a net profit of US$301 million in the third quarter. "This is our first financial product associated with sustainability and we see it as a first step to continue exploring other similar instruments in the future," said Andrés del Valle, VP Corporate Finance of LATAM Airlines. The transaction includes sustainability-linked provisions where the airline may receive pricing adjustments based on its performance against carbon emission intensity of operations. It will be measured as tons of CO2 emissions / revenues per ton-kilometer (RTK). This inaugural sustainable finance transaction supports the company’s strategy, particularly the group’s goal of achieving net-zero emissions by 2050.

• 16 Sep 24

  NEWS
  LATAM to refurbish Dreamliner fleet

  LATAM is commencing a major aircraft cabin refurbishment for 24 of its Boeing 787 aircraft. ...Read more
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  LATAM to refurbish Dreamliner fleet - News & announcements

  LATAM is commencing a major aircraft cabin refurbishment for 24 of its Boeing 787 aircraft. Costing about US$360 million, LATAM will completely upgrade the Dreamliner cabin interiors with new seats, onboard entertainment, and other design enhancements. The work begins this month. The renovation will include a new Premium Business cabin, featuring the new Recaro R7 Suite seat. This seat model is designed to offer more privacy, personal space, and comfort. For the first time, it will include privacy doors, making LATAM the first airline group in South America to offer this feature. Economy class will be completely refurbished with new seats, ergonomically designed to provide more space and comfort. Additionally, Economy Plus seats will offer more legroom, a greater recline, footrests, and luggage space. "The new Premium Business seats mark a significant leap forward, combining comfort, privacy, and elegance. These renovations position LATAM as a leader in the industry,", said Paulo Miranda, VP of Customers at LATAM. The seats, both in Premium Business and Economy, will be upholstered with up to 70% recycled leather, a material already used on most of LATAM group's narrow-body aircraft. Additionally, these aircraft will feature Panasonic's Arc interactive 3D map, providing detailed information about destinations from the air. Of the 24 aircraft to undergo retrofit, 10 are Boeing 787-8—exclusively for the Chilean domestic market—and 14 are Boeing 787-9, operating in Chile, Brazil, and Peru. The full refurbishment is expected to be completed by mid-2026.   
  
  

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• 13 Nov 23

  NEWS
  Davide Loppolo of LATAM explains why sustainability is so key to his airline

    LATAM Airlines has launched a new direct flight from London to Peru, part of ...Read more
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  Davide Loppolo of LATAM explains why sustainability is so key to his airline - News & announcements

    LATAM Airlines has launched a new direct flight from London to Peru, part of their 12-frequency route connecting London to South America. Sustainability is a core focus, evident in a 93% reduction in single-use plastics on board, aiming for 100% by year-end. LATAM's fleet expansion aligns with sustainability goals, exemplified by the Airbus A321 Neo, boasting 20% less emissions, CO2, and 50% reduced noise. They emphasize their role in fostering social, economic, and environmental development in South America, embracing responsibility in the region.  

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