July 10，LATAM Brazil subsidiary filed for bankruptcy and reorganization announced，Under Chapter 11 of the U.S. Bankruptcy Code，The company begins to reorganize。Now，Except airlines of Argentina and Paraguay，Every branch of LATAM Aviation Group has filed for bankruptcy protection or reorganization。

LATAM Brazil said，The voluntary restructuring process will allow it to restructure its debt，And effectively manage its fleet。“In light of the ongoing pandemic 188bet app of COVID-19，Filing for bankruptcy and reorganization is a natural step，It provides the best option for obtaining proposed DIP financing。”

LATAM Brazil will continue to operate flights as normal。

End of May，LATAM, Latin America’s largest airline, files for bankruptcy protection。However，According to Reuters report at the time，LATAM in Brazil、Subsidiaries in Paraguay and Argentina are not within the scope of the bankruptcy case filed in the Southern District of New York。

As Brazilian LATAM Airlines files for bankruptcy reorganization，Only LATAM’s subsidiaries in Paraguay and Argentina have not filed for bankruptcy。LATAM is an aviation holding company in South America，Headquarters and company registration are located in Santiago, Chile。It has an office in Sao Paulo, Brazil，In Argentina、Colombia、Ecuador、There are also subsidiaries in Paraguay and Peru。Currently carrying 188bet app download over billion in debt。

188bet app download Source: Civil Aviation Resources Network, author: Star, original title：《LATAM Airlines Brazilian subsidiary files for bankruptcy reorganization》.