Airline

LATAM shareholders approve $1bn capital increase

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LATAM shareholders approve $1bn capital increase

  Shareholders of LATAM Airlines have approved a $1 billion capital increase to fund its fleet overhaul. The deal, which comprises the issuance of up to 63.5million shares, is expected to close around September 25. LATAM has confirmed that it plans to spend around $11 billion to add some 165 aircra...

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