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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 ...
To say that Gol Linhas Aéreas Inteligentes S.A. ( GOL ) is in a hard spot is an understatement. It almost seems like the company is creating more problems for itself than it already has. On May 27, 2020, I wrote an article about Gol, Azul, and LATAM , where I stressed my concerns that in...
The international air travel market has been one of the hardest hit parts of the entire aviation sector due to covid-19. While some countries like the United States have large domestic markets which have provided some income for airlines, many countries have little or no domestic markets, me...
LATAM Airlines ( OTCPK:LTMAQ ) : Q2 net loss of $890M, compared with $62.8M loss in Q2 2019. More news on: LATAM Airlines Group S.A., Earnings news and commentary, Consumer stocks news, Read more ...
LATAM Airlines Group ( OTCPK:LTMAQ ) reports passenger traffic declined 93.4% to 733M kilometers in July. More news on: LATAM Airlines Group S.A., LATAM AUTOS LTD ORD, Consumer stocks news, Read more ...
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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...