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rdf:type	schema:NewsArticle
schema:articleBody	LATAM Airlines said Friday it would lay off 1,400 employees in South America, blaming a drastic slump in business due to the coronavirus pandemic. "Despite all the efforts we have made to take care of jobs, we are forced to make this difficult decision," said Roberto Alvo, executive director of the Chilean-Brazilian carrier. "The effects of COVID-19 are profound and makes reducing the size of the LATAM group inevitable to protect its sustainability in the medium term," Alvo said in a statement. The jobs will be cut from operations in Chile, Colombia, Ecuador and Peru, it said. A merger of Chile's LAN and Brazil's TAM, the airline announced last month it was scaling back its operations by 95 percent in response to the global health crisis. LATAM normally flew to 145 destinations in 26 countries, with around 1,400 flights a day. The global aviation industry has suffered a severe blow from the pandemic, directly affected by border closures and population lockdowns. The International Air Transport Association (IATA) has forecast a $15 billion loss in revenue for Latin American airlines this year. On Sunday, Latin America's second largest airline, Colombia's Avianca, filed for bankruptcy in the United States to reorganize its debt "due to the unpredictable impact" of the pandemic. The global aviation industry has suffered a severe blow from coronavirus, directly affected by border closures and population lockdowns. Latin America saw its coronavirus cases pass 300,000 this week, with the death toll at more than 16,000. pa/gma/db/acb
schema:headline	LATAM Airlines says cutting 1,400 jobs in South America
schema:mentions	Latin America Global health International Air Transport Association South America Avianca Bankruptcy American Airlines Latin Ecuador Peru Chile Colombia Pandemic Brazil United States Coronavirus disease 2019 LATAM Brasil LATAM Airlines Group Cricket Australia
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-05-16 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	80 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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