LATAM bets big on Brazil

Chilean-based airline group LATAM has revealed that it will invest $2bn in Brazil over the next two years, as it looks to develop its presence in the Brazilian market. The news came during a meeting between LATAM CEO Roberto Alvo and the country’s president, Luiz Inácio Lula da Silva.Part of the investment included signing a memorandum of understanding with the Brazilian ministry of labour and employment to train workers for its MRO facilities in São Carlos. The facility, South America’s