|Bid||9.76 x 1000|
|Ask||11.15 x 900|
|Day's Range||9.70 - 9.94|
|52 Week Range||8.05 - 12.30|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||198.16|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Bullish unit revenue projections for second-quarter 2019 from the likes of Delta (DAL) and GOL Linhas (GOL) bode well for the airline space.
The CEO of Brazilian airline and 737 MAX operator Gol visited Barron’s and discussed the Brazilian economy, the Brazilian air travel market, and, importantly, Boeing’s troubled MAX jet.
LATAM Airlines' (LTM) efforts to reward shareholders are encouraging. However, headwinds like capacity overexpansion are limiting growth.
LATAM Airlines Group S.A. (LTM) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
Market Voices – for a number of market experts. The International Air Transport Association (IATA) data for April continues to paint a dismal picture for the global air cargo market. The bright spot, however, has been the Latin American market, where for the past three months, volumes have been on the rise.
Chile's Supreme Court on Thursday struck down a proposed deal on routes between carriers LATAM Airlines, American Airlines, British Airways and Iberia, upending an agreement meant to reshape international air travel in Latin America. The decision comes more than two years after the carriers announced their plans, termed a joint business agreement.
Chile's Supreme Court on Thursday struck down a joint business agreement between LATAM Airlines, the region's largest carrier, and American Airlines, British Airways and Iberia Airlines, upending an earlier ...
LATAM Airlines' (LTM) disappointing performance can be attributed to multiple factors including the devaluation of local currencies.
U.S. hedge fund Elliott Management is opposing a new plan by Brazilian airline Azul SA to purchase some of the routes operated by financially troubled rival Avianca Brasil for $145 million, according to a legal document seen by Reuters. Elliott, known in Latin America for forcing Argentina into bigger repayments on defaulted bonds, is Avianca Brasil's largest creditor by a wide margin, with claims totaling almost $490 million. Avianca Brasil filed for bankruptcy protection in December, setting off a dispute for its routes among Brazil's top three airlines.
The airline said in a securities filing it was reducing its forecast for growth in its international flights to a maximum of 2% growth, compared with a previous guidance of between 3% and 5%. In Brazil, however, which is LATAM's largest domestic market, the airline said it was raising its forecast for capacity growth to between 5% and 7% due to the crisis facing its competitor Avianca Brasil, which is undergoing a bankruptcy protection process. In response to weak demand from depressed Argentina, which is struggling with rampant inflation, LATAM said it had cut two international routes there and was in the process of cutting two more.
The decline in April load factor at the likes of JetBlue (JBLU) and Allegiant (ALGT) does not bode well for the airline industry.
Brazilian airline Azul SA on Monday made a new attempt to purchase some of bankrupt airline Avianca Brasil's most coveted routes, offering $145 million and reversing a decision not to participate. Avianca Brasil filed for bankruptcy protection in December, setting off a fierce battle for its airport slots, the rights to land and depart in crowded airports, which were expected to be sold at a bankruptcy auction that was suspended indefinitely. On Monday afternoon, Avianca Brasil's pilots and aircraft crew said through their union that they would hold an indefinite general strike on Friday, citing recurring delays in payroll.
We expect high parcel volumes to boost ZTO Express' (ZTO) first-quarter 2019 results. High costs, however, might dent the bottom line.
Chile's Latam Airlines Group SA will buy all Multiplus SA's remaining shares in order to delist its Brazilian loyalty program unit in a 1.2 billion real ($305.36 million) deal, according to a securities filing late on Monday. Latam Airlines had said in September it would take its unit Multiplus private, aiming to merge it with its Latam Pass loyalty program to boost market share. Latam's Brazilian subsidiary TAM SA already owned about 73 percent of the common stock in Multiplus before the tender offer.
Is LATAM Airlines Group S.A. (NYSE:LTM) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably but historically their consensus […]
American Airlines (AAL) trims its Q1 TRASM view on numerous flight cancellations due to the MAX 8 groundings and removal of 14 737-800 aircraft from service as well as the government shutdown.