LATAM Airlines Argentina has announced it has determined to halt passenger and cargo operations for an indefinite period of time, as a result of market conditions, the company said.
The market conditions are exacerbated by the impact of the Covid-19 pandemic and the difficulty of building structural agreements with local industry actors.
The group said the current situation has made it impossible to foresee a viable and sustainable long-term project.
Parent LATAM Airlines Group filed for bankruptcy protection in the United States last month.
LATAM Airlines Argentina will cease flights to/from 12 domestic destinations while international destinations in the United States, Brazil, Chile and Peru will continue to be served by other LATAM affiliates, once Covid-19-related travel restrictions are lifted by the authorities.
International cargo routes will continue to be served by the other group affiliates.