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LTMAY
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UPDATE 1-LATAM Airlines posts narrower quarterly loss as fuel costs bite
LATAM's revenue during the July to September period rose 97% to total $2.587 billion compared to the third quarter last year. LATAM filed for Chapter 11 bankruptcy protection in 2020 after the airline was hammered during the pandemic. "We're cautious in ...
Reuters · 11/09/2022 00:53
LATAM group completes restructuring and emerges with solid financial position and most extensive network in South America
The group emerges with over US$2.2 billion of liquidity and approximately US$3.6 billion less debt as compared to pre-filing period.Santiago, Chile, Nov. 03, 2022 (GLOBE NEWSWIRE) -- LATAM group, the leading airline group in Latin America, announced today ...
GlobeNewswire · 11/03/2022 22:09
Citigroup Upgrades LATAM Airlines Group to Neutral
Benzinga · 10/20/2022 14:23
LATAM set to exit bankruptcy on November 3
Seekingalpha · 10/17/2022 10:33
LATAM Airlines says it will exit bankruptcy on Nov. 3
Reuters · 10/15/2022 13:49
LATAM Airlines prepares to exit bankruptcy in November
LATAM Airlines detailed a financing plan on Wednesday that the company hopes will finalize its exit from bankruptcy in the first week of November. The reorganization plan would inject about $8 billion into the airline through a combination of capital incr...
Reuters · 10/12/2022 14:49
Brazil's Azul aims to increase flight routes by 30% in 2023, CEO says
Brazil's Azul aims to increase flight routes by 30% in 2023, CEO says
Reuters · 10/07/2022 18:05
LATAM Airlines bankruptcy plan advances after creditor appeals fail
(Reuters) -LATAM Airlines on Wednesday turned back two challenges to its bankruptcy reorganization plan, putting the carrier a step closer to emerging from Chapter 11 after seeking protection from creditors in the early months of the pandemic. LATAM said ...
Reuters · 08/31/2022 20:25
LATAM Receives US Court and Shareholder Approval on Plan of Reorganization, Secures Exit Financing and Moves Forward With Plan Implementation Requirements
Santiago, Chile, Aug. 09, 2022 (GLOBE NEWSWIRE) -- LATAM Group announced today its consolidated financial results for the second quarter of the year, which reflect a gradual recovery of the operation, reaching a consolidated capacity (measured in ASK) of 7...
GlobeNewswire · 08/10/2022 00:41
UPDATE 1-LATAM Airlines posts second-quarter loss as high fuel costs felt
UPDATE 1-LATAM Airlines posts second-quarter loss as high fuel costs felt
Reuters · 08/10/2022 00:37
LATAM Airlines posts $523.2 million second-quarter loss
LATAM Airlines posts $523.2 million second-quarter loss
Reuters · 08/10/2022 00:25
EMERGING MARKETS-Latam FX lightens up as dollar falls back; earnings lift stocks
EMERGING MARKETS-Latam FX lightens up as dollar falls back; earnings lift stocks
Reuters · 07/27/2022 14:27
Raymond James Cuts Azul's Price Target By 45%
Raymond James analyst Savanthi Syth lowered the price target on Azul SA (NYSE: AZUL) to $12 (an upside of 83%) from $22 while maintaining the Outperform rating on the shares. The analyst updated earnings estimates to reflect a higher fuel price forecast, i...
Benzinga · 07/07/2022 18:29
LATAM Airlines shareholders approve reorganization plan
LATAM Airlines shareholders approve reorganization plan
Reuters · 07/05/2022 23:10
EMERGING MARKETS-Latam joins broader EM sell-off on growth worries; Argentine assets recover
EMERGING MARKETS-Latam joins broader EM sell-off on growth worries; Argentine assets recover
Reuters · 07/05/2022 19:59
EMERGING MARKETS-Latam joins broader EM sell-off as growth, political worries sap risk appetite
EMERGING MARKETS-Latam joins broader EM sell-off as growth, political worries sap risk appetite
Reuters · 07/05/2022 14:39
Latam's leftward shift expected to further affect deal flow
Latam's leftward shift expected to further affect deal flow
Reuters · 07/05/2022 10:00
EMERGING MARKETS-Stocks rise 1% as softer commodities allay inflation fears
reuters.com · 06/24/2022 09:14
UPDATE 1-U.S. bankruptcy court approves LATAM Airlines restructure plan
A U.S. court has approved LATAM Airlines Group SA's bankruptcy reorganization plan, the region's largest air transport group said on Saturday. The U.S. bankruptcy court for the southern district of New York approved the plan for a restructuring under Chap...
Reuters · 06/19/2022 04:22
U.S. Bankruptcy Court approves LATAM Airlines reorganization plan
reuters.com · 06/19/2022 03:56
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About LTMAY
LATAM Airlines Group SA is a Chile-based company, which is engaged in passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and international routes in America, Europe and Oceania. These businesses are performed directly or through its subsidiaries in different countries. It operates through two segments: the Air transportation business and the Coalition and loyalty program Multiplus. It Air transportation segment corresponds to the route network for air transport. Its segment of Coalition and loyalty program called Multiplus is a frequent flyer programs, which operate as a unilateral system of loyalty that offers a flexible coalition system. The Company operates a fleet of over 329 aircrafts. Its passenger aircrafts include Airbus A319-100, Airbus A350-900, Boeing 767-300ER, Boeing 787-8, Boeing 787-9 and Boeing 777-300ER.