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Shares of LATAM Airlines Group (NYSE: LTM) gained 33% in September, according to data provided by S&P Global Market Intelligence , after the South American aviation company announced a joint venture and alliance with Delta Air Lines (NYSE: DAL) . Delta stole LATAM out of the arms of ...
After the market closed on Thursday, Sept. 26, 2019, Delta Air Lines (NYSE: DAL ) and LATAM (NYSE: LTM ) announced a major investment by the U.S. carrier in the largest carrier in S. America. Delta’s equity and supporting investments and transactions of more than $2.3 billion is the lar...
Just a few months ago, LATAM Airlines (NYSE: LTM) and American Airlines (NASDAQ: AAL) seemed to be on track to finalize a joint venture agreement covering travel between the U.S. and South America by the end of 2019. But in late May, Chile's Supreme Court blocked the two carriers from co...
The stock market lost ground on Friday, giving into pressure stemming from an possible escalation in the trade dispute between the U.S. and China. A threat to limit U.S. investment in China included a look at potentially requiring Chinese companies to de-list their shares on U.S. exchanges, and ...
Gainers: LATAM Airlines Group (NYSE: LTM ) +30% . Just Energy Group (NYSE: JE ) +26% . Tetraphase Pharmaceuticals, Inc. (NASDAQ: TTPH ) +20% . Tiziana Life Sciences PLC (NASDAQ: TLSA ) +20% . Contango Oil & Gas Company (NYSEMKT: MCF ) +14% . Ra Medical Systems, Inc. (NYSE: R...
Shares of LATAM Airlines Group (NYSE: LTM) are on fire this morning, up 30.8% as of 10:10 a.m. EDT on news that Delta (NYSE: DAL) will enter into a partnership with the Chilean company and buy 20% of it. Delta's own stock is up only a fraction of a percentage point, while a third compan...
The9 (NASDAQ: NCTY ) +34% on selling several subsidiaries to Kapler. More news on: The9 Limited, LATAM Airlines Group S.A., Applied Genetic Technologies Corporation, Stocks on the move, Read more ...
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ATLANTA and SANTIAGO, Chile , Sept. 26, 2019 /PRNewswire/ -- Delta (NYSE: DAL) and LATAM Airlines Group S.A. (NYSE: LTM; IPSA: LTM) ("LATAM") today announced that they have entered into a strategic partnership that for the first time combines the strengths of the leading airlines i...
Delta Air Lines (NYSE: DAL ) is taking a 20% stake in LATAM (NYSE: LTM ) as it continues on an aggressive track of pursuing international joint ventures and investments. More news on: Delta Air Lines, Inc., LATAM Airlines Group S.A., Gol Linhas Aéreas Inteligentes S.A., Consumer sto...
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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...
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...
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...