LATAM Airlines Group SA said today that the company and its affiliates in Chile, Peru, Colombia, Ecuador and the United States have filed for chapter 11 bankruptcy protection in the U.S., Reuters reported. Latin America’s largest airline said that it secured funding from shareholders, including the Cueto and Amaro families, and Qatar Airways, to provide up to $900 million in debtor-in-possession financing. LATAM Airlines said that its affiliates in Argentina, Brazil and Paraguay were not included in the filing.
