LATAM
Coverage of LATAM in the Nexus archive.
- LATAM resumes direct winter flights from Sao Paulo to Ushuaia, four weekly frequencies
LATAM has resumed direct winter flights from Sao Paulo to Ushuaia, Tierra del Fuego, offering four weekly frequencies after several years without regular services. The airline is operating nonstop flights from its main hub in Sao Paulo to the Ushuaia airport.
- Brazil’s Airlines Post $830M Profit as Traffic Hits Record
Brazil’s airlines reported a combined $830 million profit in 2025, with domestic passenger traffic reaching 101 million—a record 8.4% increase. Latam led the market with a 38.6% share.
- LATAM Races Toward 410 Aircraft, Its First Embraer Jets Included
LATAM plans to expand its fleet to 410 aircraft by 2026, adding 41 new aircraft this year and introducing its first Embraer E195-E2 jets on Brazilian domestic routes by the second half of the year.
- LATAM Posts a Record Quarter, Then Trims Flights as Fuel Spikes
LATAM reported a record first-quarter 2026 adjusted EBITDA of US$1,315 million, a 37% increase, and a 62% rise in net income to US$576 million. However, its Brazilian unit announced a 3% reduction in July capacity due to a jet-fuel price spike, and the airline lowered its guidance.
- Brazil Budget Cut Stalls New Aircraft for Gol and LATAM
A budget freeze blocked R$24m of Brazil’s aviation regulator ANAC's budget, leading to a pause in new-aircraft certification. The delay primarily affects Brazil’s three major airlines, Gol, LATAM, and a third unnamed carrier.
- Kustodia launches smart contract escrow for LATAM's $600m fraud crisis
Kustodia has launched Mexico's first peso-denominated blockchain escrow service on the SPEI system to address high-value P2P transactions amid LATAM's $600 million fraud crisis.