Delta and LATAM’s joint venture has received preliminary approval from the Administrative Council for Economic Defense (CADE). The Brazilian competition authority approved the trans-American joint venture on Thursday, paving the way for deeper cooperation between Delta and LATAM’s Brazilian branch. Delta Air Lines and LATAM received approval from the Brazilian competition authority for their joint…

LATAM’s modified $2.45 billion debtor-in-possession (DIP) financing proposal has been approved by the Bankruptcy Court of the Southern District of New York on September 18th. LATAM’s modified financing proposal received a green light from the court. Photo: Tom Boon – Simple Flying LATAM’s modified financing proposal approved by the court Judge James Garrity Jr. approved…