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INTERVIEW-LATAM Airlines sees Brazil recovery in second half
March 20, 2017 / 11:03 PM / in 8 months

INTERVIEW-LATAM Airlines sees Brazil recovery in second half

SANTIAGO, March 20 (Reuters) - LATAM Airlines expects to see a recovery in its key Brazilian market in the second half of 2017 as it pares its fleet and rolls out a low-cost model in Chile to remain competitive, its chief executive said on Monday.

Battered by Brazil’s recent economic downturn, Latin America’s largest airline does not expect a return to its former investment grade status much before 2019, Enrique Cueto told Reuters in an interview in Santiago. (Reporting by Rosalba O‘Brien; Editing by Cynthia Osterman)

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