Latin America's largest airline LATAM filed for bankruptcy in the US
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Amid coronavirus crisis, Latin America's largest airline LATAM filed for bankruptcy in the US on Tuesday, the company said in a statement, following a drastic slump in business caused by the coronavirus pandemic. "On May 26, 2020, LATAM Airlines Group filed to reorganize under Chapter 11 protection in the United States," the statement said, adding that there would be no immediate impact on passenger or cargo flights.