LATAM Airlines Group continues to navigate its way through the Chapter 11 reorganization process that includes working with suppliers to shrink its fleet as a recovery in passenger demand remains uncertain.
Despite positive signs for a recovery in domestic demand, Brazil’s Azul has reached a deal with its lessors for a significant reduction in payments for 2020 and plans to defer more than 80 aircraft deliveries to 2024 and beyond.
Panama’s Copa Airlines plans a gradual restart of some commercial flights in August before ramping up its schedule in September, albeit at just a fraction of its 2019 operations.