LTMAQ News and Press, LATAM Airlines Group

Santiago, Chile, Nov. 03, 2022 (GLOBE NEWSWIRE) -- LATAM group, the leading airline group in Latin America, announced today that it successfully completed its financial restructuring process in the United States, which it voluntarily commenced in May 2020 to reduce its debt, access new sour...

LATAM Group ( OTCPK:LTMAQ ) is slated to exit Chapter 11 protection on November 3, according to a company statement on Monday . The Chilean airline stated that after nearly two and a half years in reorganization, the carrier now has “adequate liquidity to face...

Summary Like other Brazilian airlines, Azul suffers from recurring unprofitability. Although the company is showing good signs of revenue recovery, fuel costs are dragging down on operating profitability. Without operating profitability, Azul is at severe risk of not complying...

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 72.6% compared to 2019 levels, which...

It would be wise, in my view, to sell LATAM airlines as soon as possible. The airline emerged from Chp 11 on July 5th, 2022 with a reorganization plan that grants controlling shareholders the right to acquire 99.9% of the company at US$0.02. At the current stock price and on full ...

Santiago, Chile, June 18, 2022 (GLOBE NEWSWIRE) -- LATAM Airlines Group and its subsidiaries in Brazil, Chile, Colombia, Ecuador, Peru and the United States announced that the U.S. Bankruptcy Court for the Southern District of New York approved the group's Plan of Reorganization filed by LA...

Low fare airlines are back in focus, including several penny stocks today. The excitement comes after JetBlue Airways ( NASDAQ: JBLU ) turned up the heat on its takeover bid of Spirit Airlines ( NYSE: SAVE ). You may recall the move by JetBlue earlier this year as the company lo...

LATAM Airlines narrowed loss in Q1 despite higher fuel prices. LATAM Airlines is behind in capacity recovery compared to its peers, but this offers opportunities for top and bottom line improvements. Improved productivity and utilization on stable unit revenues are key to investme...

Copa continues to outperform on its path to pre-pandemic normalization, with Q4 showing better traffic, better yields, and better costs. Latin America continues to lead the global air travel recovery, and Copa should be back above 2019 revenue in 2023, with a very healthy cost base. ...

LATAM Airlines fleet shrank by roughly 10%. New technology aircraft see successful redelivery. Boeing 767s are being converted to freighters. For further details see: Bankrupt LATAM: A Smaller Fleet To Grow