LTMAQ News and Press, LATAM Airlines Group From 12/29/21

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

Santiago, Chile, Nov. 26, 2021 (GLOBE NEWSWIRE) -- LATAM Airlines Group S.A. (“LATAM”) (SSE: LTM) and its affiliates in Brazil, Chile, Colombia, Ecuador, Peru, and the United States today announced the filing of a Plan of Reorganization (the “Plan”), which reflec...

LATAM Airlines Group Files Plan of Reorganization, with Support of Key Stakeholders, Paving the Way for Strengthened Capital Structure and Long-Term Sustainability Provides platform for exit from Chapter 11 through a comprehensive Restructuring Support Agreement with Parent Ad H...

Latam Airlines Group (OTCPK:LTMAQ) is said close to a Chapter 11 exit backed by some unsecured creditors as it tried to fend off overtures from rival Brazilian carrier Azul SA. (NYSE:AZUL). LTMAQ is down 15% after dropping earlier in the day. The Chilean airline is close to a restru...

LATAM Airlines Group (OTCPK:LTMAQ) rose 5% after a report that Brazilian airline Azul SA (NYSE:AZUL) is interested in purchasing the bankrupt Chilean airliner if creditors can't agree on a restructuring plan. Azul founder and Chairman David Neeleman told Chilean newspaper Diario Fin...

LATAM Airlines has disclosed its updated business plan in conjunction with the ongoing Chapter 11 process. A slower than expected top-line recovery is set to offset planned cost savings initiatives, weighing on the post-pandemic EBIT margin expansion path. With valuations somewhat...

Delta Air Lines is still suffering from temporary, lingering effects of the Covid-19 pandemic. Delta's 1Q21 figures and 1H21 forecasts demonstrate Delta's ability to produce positive financial results while still operationally hindered. DAL is undervalued when considering operatio...

LATAM Airlines is in restructuring bankruptcy, but the fleet has changed very little. Reason for small changes can be found in the fleet age. Lessors have pulled aircraft from the fleet including new technology wide body aircraft. For further details see: Bankrupt LATAM ...

Brazilian airline Azul, my November 2017 "idea of the month," was hit hard by the COVID-19 crisis. Today, I revisit my old bullish call. I continue to like the company's route network, and believe that Azul has done a decent job playing defense with its balance sheet. Although pri...

A U.S. bankruptcy judge rejects a $2.4B financing plan for LATAM Airlines ( OTCPK:LTMAQ ) , saying a convertible loan included as part of the package would amount to "improper" treatment of other shareholders. More news on: LATAM Airlines Group S.A., Consumer stocks news, Read more ...