IBOV 188,019.40 ▲ 1.52% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,884.28 ▲ 0.57% MERVAL 3,134,612 ▲ 0.91% COLCAP 2,510.51 ▲ 0.85% BVL PERÚ 59,719.97 ▲ 0.61% USD/BRL5.10▲ 0.17% USD/MXN16.98▲ 0.06% USD/CLP934.98▼ 0.28% USD/COP3,142▼ 0.86% USD/PEN3.36▼ 0.18% USD/ARS1,508▼ 0.22% USD/UYU40.23▲ 1.13% USD/PYG5,924▲ 2.31% USD/BOB12.30▲ 4.75% USD/DOP58.65▲ 0.17% USD/CRC447.49▲ 1.34% USD/GTQ7.63▲ 2.30% USD/HNL26.84▲ 1.66% USD/NIO36.62▲ 0.71% USD/VES802.80▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.65▲ 0.05% EUR/BRL5.92▼ 0.72% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 188,019.40 ▲ 1.52% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,884.28 ▲ 0.57% MERVAL 3,134,612 ▲ 0.91% COLCAP 2,510.51 ▲ 0.85% BVL PERÚ 59,719.97 ▲ 0.61% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Thursday, September 3, 2026

Without Agreement with Union, LATAM Decides to Fire at Least 2,700 Employees

By · August 1, 2020 · 1 min read

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RIO DE JANEIRO, BRAZIL – Latin America’s largest airline, the Brazilian-Chilean group LATAM, announced on Friday the firing of at least 2,700 crew members to cope with the devastating effects of the coronavirus pandemic in the aviation sector.

The company said it had failed to reach an agreement with the aviation workers union to cut wages, which is why it will fire pilots and flight attendants to stay afloat.

The layoffs reach more than a third of the company’s total staff.

“The COVID-19 pandemic is the largest public health crisis in history, and it dramatically affects the global aviation industry,” the airline said in a statement.

LATAM will offer a voluntary exit plan until Tuesday, and will then start firing people if the quota needs to be filled, he explained.

Latin America’s largest airline, the Brazilian-Chilean group LATAM, announced on Friday the firing of at least 2,700 crew members to cope with the devastating effects of the coronavirus pandemic in the aviation sector.
LATAM, announced on Friday the firing of at least 2,700 crew members. (Photo internet reproduction)
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He added that the salaries offered by LATAM to its crew are above the region’s average, and that the “present crisis has made it more essential than ever” to reduce salary costs.

The company filed for bankruptcy in the United States last May, following the imposition of confinement measures and border closures worldwide to combat the spread of the coronavirus.

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