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Latin American airline stocks Azul ( AZUL -8.7% ), Gol Linhas ( GOL -7.6% ), LATAM Airlines ( LTM -5.5% ) and Copa ( CPA -2.5% ) are in red following Avianca's (NYSE: AVH ) bankruptcy filing . More news on: Azul S.A., Gol Linhas Aéreas ...
Embraer (NYSE: ERJ ) and at least two Brazilian airlines have hired investment banks to help with talks with state development bank BNDES for government support , Reuters reports. More news on: Embraer S.A., Azul S.A., LATAM Airlines Group S.A., Read more ...
Applied DNA Sciences (NASDAQ: APDN ) +61% on advancement of COVID-19 vaccine candidates. More news on: Applied DNA Sciences, Inc., Comstock Holding Companies, Inc., BOQI International Medical Inc., Stocks on the move, , Read more ...
Delta Air Lines (NYSE: DAL ) is stepping in to take over a $3B order for 10 Airbus ( OTCPK:EADSF ) A350 jetliners from Latam Airlines Group (NYSE: LTM ), according to Reuters. More news on: Airbus SE, Delta Air Lines, Inc., LATAM Airlines Group S.A., Consumer stocks news, Read mor...
LATAM Airlines Group ( LTM -2.0% ) reports passenger traffic declined 37.9% to 6.42B kilometers in March. More news on: LATAM Airlines Group S.A., Consumer stocks news, Stocks on the move, Read more ...
Investment thesis AerCap Holdings ( NYSE: AER ) is the l argest owner of commercial airplanes in the world with a portfolio of 939 units with a net book value of $35.9 billion as of the end of 2019. With the coronavirus spreading across the globe, the a viation industry is a ...
Santiago, Chile, March 18, 2020 (GLOBE NEWSWIRE) -- LATAM Airlines Group S.A. and its affiliates, (“LATAM Airlines Group” or “the Company”) (NYSE: LTM / IPSA: LTM), the leading airline group in Latin America, today announced today that the Company has filed its a...
The capacity cuts keep pouring in from international airlines. More news on: LATAM Airlines Group S.A., Azul S.A., International Consolidated Airlines Group, S.A., Consumer stocks news, Stocks on the move Read more ...
At this time last year, American Airlines ( AAL ) was looking forward to finalizing a joint venture with LATAM Airlines ( LTM ). The JV would have allowed the airlines to coordinate on schedules and fares for routes between the U.S. and South America. Given that American and LATAM are the ...
The airline business is a tough one, and not all carriers survive the cyclical nature and geopolitical challenges. Delta Airlines (NYSE: DAL) , an industry leader in 2020, was plunged into bankruptcy in 2005. Management was humbled and the company survived, eventually building itself int...
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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...