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Aircraft and finance. LATAM plans 1-billion-dollar capital increase

Las Condes, Chile - The proposal will be voted at the shareholder meeting on June 11

LATAM Airlines Group, Latin America's largest airline by market value, is planning the launch of a 1-billion-dollar (roughly 777 million Euros or 657 million pounds) capital increase, in order to finance part of its fleet expansion and increase liquidity. During a conference call with analysts and investors which was organized to discuss the results of the airline int he first quarter, LATAM's chief...

AVIONEWS - World Aeronautical Press Agency - 1152203
Rome, Italy, 05/16/2013 11:51
AVIONEWS - World Aeronautical Press Agency

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