NEW YORK, April 24 (Reuters) - LATAM Airlines said on
Wednesday that it was no longer seeking to acquire Boeing B737
planes either from bankrupt Brazilian carrier Gol or other
sources, opting to look for alternative narrowbody aircraft
after talks failed.
The two airlines clashed shortly after Gol filed for
bankruptcy protection in the U.S. in January, with Gol accusing
LATAM of trying to poach its planes and pilots. LATAM then
offered to acquire any B737s that Gol no longer wished to
operate after its bankruptcy restructuring.
Gol is trying to renegotiate terms on 90 aircraft leases by
the end of May, and LATAM did not say how many planes it hoped
to acquire during Gol's bankruptcy.
LATAM blamed Gol's "lack of meaningful engagement" for the
deal's failure, in a letter filed on Wednesday in Gol's
bankruptcy case.
Gol declined to comment on LATAM's letter.
LATAM said that the "scarcity of available B737 aircraft, as
well as the debtors' refusal to cooperate" had forced LATAM to
pursue alternative narrowbody aircraft to bolster its fleet and
meet rising consumer demand.
"LATAM has been unable over the last several months -
despite its extensive efforts - to obtain B737 aircraft from
other sources unrelated to the debtors," LATAM's attorneys
wrote. "Accordingly, LATAM is unlikely to continue pursuing any
transactions involving the B737."
Airlines have needed to adjust their business plans as
safety concerns have forced Boeing ( BA ) to slow production of its
best-selling 737 Max.
The U.S. Federal Aviation Administration (FAA) stopped
Boeing ( BA ) from expanding its 737 MAX production after a mid-flight
cabin blowout on an Alaska Airlines flight. The FAA gave Boeing ( BA )
90 days to address systemic quality-control issues revealed by
the incident, and Boeing ( BA ) is about halfway through that period.