Latin America’s largest airline LATAM Airlines Group SA ( LTM.SN ) said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and the U.S. have filed for Chapter 11 bankruptcy protection in the United States. LATAM is the latest corporate victim of the coronavirus pandemic that has brought a virtual halt to air travel, joining Colombia’s Avianca Holdings SA AVT_p.CN and Australia’s Virgin Australia Holdings Ltd ( VAH.AX ) in bankruptcy protection as it seeks to restructure its debt. “We have implemented a series of difficult measures to mitigate the impact of this unprecedented industry disruption, but ultimately this path represents the best option,” LATAM Chief Executive Officer Roberto Alvo said in a statement. The airline will continue to fly while […]