Latam Airlines Group and its subsidiaries announced the reduction of their operations by 95% during April 2020, due to the closure of borders and low demand, caused by the pandemic of the new coronavirus. The measures will be assessed on an ongoing basis, based on travel restrictions in different countries, as well as on-demand.
• In Brazil, Latam Airlines Brasil will continue to fly to 39 destinations with reduced frequencies, connecting with its hubs in São Paulo (Guarulhos and Congonhas), Brasília and Fortaleza.
• In Chile, the group will maintain frequencies reduced to 13 of its 16 domestic destinations, temporarily suspending flights to Rapa Nui, Castro and Osorno.
• The domestic operations of Latam’s subsidiaries in Peru, Argentina, Colombia and Ecuador remain suspended due to countries’ government restrictions.
• The Latam Airlines Group and Latam Airlines Brasil will operate limited frequencies between Santiago and São Paulo, from Santiago to Miami and Los Angeles respectively, as well as flights from São Paulo to Miami and New York.
The operation of Latam Cargo’s subsidiaries was not limited by border closures and travel restrictions. To support exports and imports and the transport of essential goods in Latin America, the group is increasing capacity (in tons per available kilometer – ATK) by more than 15% in its cargo fleet. This includes an increase from 21 to 26 weekly flights between South America and the United States, an increase of 20% in cargo operations between South America and Europe, as well as the operation of passenger aircraft for flights exclusively from charge.
NEW CEO AND CHANGE IN THE BOARD:
As previously announced, Roberto Alvo assumed the role of CEO of the Latam Airlines Group on April 1. Alvo has been with the company for 19 years, holding leadership positions in areas such as International Passenger Business, Cargo, Fleet, Development and Planning, Finance and, more recently, commercial vice president.
Likewise, the former CEO, Enrique Cueto, was appointed by the Board of Directors as a new member of the group’s Board, replacing Juan José Cueto, who made his resignation on April 1. At the next Ordinary General Shareholders’ Meeting, the new Board of Directors will be elected and renewed.