IMF board signs off on Pakistan review, keeps $7 billion program on track
The International Monetary Fund's (IMF) executive board approved Pakistan’s latest loan review on Monday, unlocking a critical $1.2 billion in finan...
LATAM Airlines has been forced to cancel 173 flights, affecting approximately 20,000 passengers, following a pilot strike that began at midnight. The strike comes after contract negotiations between the pilots and the airline broke down, leaving no resolution in sight.
The Santiago-based airline announced on Wednesday that the affected flights, scheduled between November 12 and 17, have been canceled as a result of the ongoing labor dispute. However, LATAM Airlines reassured passengers that nearly all affected travelers have been provided with alternative solutions.
The strike, which marks a significant disruption for the airline, comes amid tense contract negotiations. While the airline continues to work towards a resolution, the canceled flights are expected to cause significant travel delays for those impacted. LATAM has pledged to assist affected passengers and minimize disruption, but the ongoing situation remains fluid as both sides continue discussions.
LATAM Airlines is one of the largest carriers in Latin America, and the strike highlights the growing tension in the region's aviation industry as airlines and unions negotiate labor terms in the wake of the pandemic’s effects on the sector.
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