LATAM Airlines reports a loss of $890 millon in second quarter

SANTIAGO (Reuters) – LATAM Airlines, South America’s largest carrier, on Tuesday reported a net loss of $890 million for the second quarter, hit by the coronavirus pandemic that drove the company into a Chapter 11 bankruptcy filing in May.

The carrier posted a 75% drop in revenue between April and June, due to widespread travel restrictions around Latin America.

(Reporting by Fabian Cambero; Editing by Shri Navaratnam)

The post LATAM Airlines reports a loss of $890 millon in second quarter appeared first on Morningology.

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