LATAM Group will continue services in Chile and USA only

LATAM Airlines Group and its affiliates announced that they will temporarily suspend additional international services until April 30, 2020, due to travel restrictions put in place by national authorities. LATAM Airlines Brazil and LATAM Airlines Group will operate services between Santiago and Sao Paulo. LATAM Airlines Brazil and LATAM Airlines Group will also continue to fly from Sao Paulo to Miami and New York, as well as serve Miami and Los Angeles from Santiago.

Senior business leaders estimate that there will be a recession in 2020

A survey by PwC and Cadem in Chile revealed that senior executives of companies in that country consider that Chile will enter recession in 2020. The survey of 300 top executives showed that 70% of those polled believe that Chile's GDP will be negative in 2020. Likewise, 56% think that it will take more than six months for companies to normalise their activities after the Coronavirus pandemic that is shaking the world.