Eric Kulisch
Thursday, June 18, 2020
LATAM Airlines shuts Argentine subsidiary, international cargo unaffected
LATAM Airlines Argentina is closing, but the move won’t impact international travel.
LATAM Airlines Argentina is closing, but the move won’t impact international travel.
The coronavirus is becoming an existential threat to the airline industry and companies are taking drastic steps to minimize financial losses.
New travel restrictions between the U.S., U.K. and Ireland will further inhabit the flow of freight into the U.S.
Airlines are getting hammered by falling demand and now will lose much of the trans-Atlantic market entirely for a month as the U.S. bans travel from Europe.