On July 9, 2020, LATAM Brasil announced that it filed for judicial reorganization in the United States due to the impacts of the COVID-19 crisis on the company's operations. The LATAM Airlines group and its affiliates had already entered the debt restructuring process in May of the same year under the protection of Chapter 11 of the United States bankruptcy law, which allows a deadline for companies to reorganize themselves financially. Despite the announcement, the company continues to operate normally.
On July 9, 2020, LATAM Brasil announced that it filed for judicial reorganization in the United States due to the impacts of the COVID-19 crisis on the company's operations The LATAM Airlines group and its affiliates had already entered the debt restructuring process in May of the same year. under the protection of Chapter 11 of the United States bankruptcy law, which allows a deadline for companies to reorganize themselves financially. Despite the announcement, the company continues to operate normally.