The largest air carrier in Latin America lost nearly $1 billion

The largest airline in Latin America Latam Airlines Group suffered losses in the fourth quarter 2020 for the sum of $962,5 million, reports on March 10 agency to information agency "Reuters". LATAM submitted the application for protection against bankruptcies in May of last year and still passes through judicial reorganization to United States of America. As a whole in 2020 the airline lost $4,6 billion in comparison with profit in $196 million, got in 2019. By data companies, for the end of 2020 of year the airline had money and their equivalents for the sum of $1,7 billion. Let's remind, the restrictive measures entered by the majority of the countries...