Travel

Bankrupt LATAM Airlines Took a $1.7 Billion Q1 Impairment Due To the Pandemic

LATAM

LATAM Boeing 787-9 Dreamliner photographed on May 13, 2016. LATAM said May 29 that it lost $2.1 billion in the first quarter. LATAM

Skift Take: The first quarter of 2020 was impairment season for global travel companies, and LATAM chipped in $1.7 billion. For some travel industry firms, the second quarter will likely be worse.

— Dennis Schaal

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