Bloomberg A majority of Latam Airlines Group SA’s unsecured creditors have voted in favour of its proposed restructuring plan, easing the Chilean carrier’s path out of bankruptcy. About 65% of the low-ranking creditors voted to accept the plan, the company said in a statement, giving Latam a crucial level of support before asking its bankruptcy judge to sign off on ...

Bloomberg An airline group and a pilots’ association are ringing the alarms on Mexico City’s airspace, saying they’ve seen a worrying increase in ground proximity warning events since the space was redesigned last year. Benito Juarez International Airport recorded at least 17 such warnings since April 2021 as part of an alert system that notifies when planes are in danger ...

Bloomberg Adidas SE cut its profitability targets for this year and forecast a plunge in sales of sporting goods in China as the Covid Zero policy keeps stores shut. The company also said supply bottlenecks in Vietnam have reduced the availability of products, eroding sales. The shares fell as much as 6.8%, approaching a two-year low. A fifth of the ...