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CLARA MOSCHINI

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Brief. Latam on the way to bankruptcy?

Use of Chapter 11 USA requested

Short from the world. Latam, the main airline in South America is bankrupt. After the devastating reduction in flights due to Covid-19, the carrier would have been forced to file for bankruptcy; the CEO Roberto Alvo asked, thanks to the American depositary receipt, the administration controlled according to the Chapter 11 law. He also specified that he was in contact with various subjects to find a...

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AVIONEWS - World Aeronautical Press Agency
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