The provisions of bankruptcy protection will help in reducing disruptions to the carrier's operations, while protecting the interests of shareholders as its balance sheet is restructured to fit the present demand scenario. LATAM Airlines, which competes with the likes of Copa Holdings ( CPA - Free Report ) in the Latin American aviation space, secured funding from its shareholders, including two of its largest — the Cueto and Amaro families, and Qatar Airways — to provide up to $900 million in debtor-in-possession financing. Major U.S. carrier Delta Air Lines ( DAL - Free Report ) also has a 20% stake in LATAM Airlines.