LATAM Airlines Brazil: 'Who will not have low cost will not survive'

LATAM Airlines Brazil CEO Jerome Cadier commented on cost planning for resumption of operations, stating: "If the margin is not positive in the short term, I die in the mid term"(Globo, 22-Apr-2020). He added: "Who will not have low cost will not survive. Maybe they'll survive the first wave, but plenty will disappear in 2021 or 2022".