9.28 +0.02 (0.17%)
After hours: 4:26PM EDT
|Bid||8.35 x 1200|
|Ask||16.00 x 1300|
|Day's Range||9.05 - 9.36|
|52 Week Range||8.41 - 17.39|
|Beta (3Y Monthly)||1.44|
|PE Ratio (TTM)||27.00|
|Forward Dividend & Yield||0.11 (1.18%)|
|1y Target Est||11.53|
For decades, investors regarded airline stocks as a poor investment. Forty years ago, the Airline Deregulation Act of 1978 turned airlines from a highly-regulated oligopoly to a competitive industry.
Headwinds like high fuel costs, currency devaluation and political turmoil are hurting the LATAM Airlines (LTM) stock significantly.
LATAM Airlines (LTM) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Chilean airline LATAM (LTM.SN) lay off some 1,200 airport-based employees in Brazil and replace them with workers from a services company in an apparent cost-cutting measure, according to a report in O Estado de S. Paulo on Wednesday. LATAM confirmed there would be redundancies but would not give an exact number. "The company has adopted measures so the change will have the least impact possible on workers," the airline said in a statement.
Chilean airline LATAM lay off some 1,200 airport-based employees in Brazil and replace them with workers from a services company in an apparent cost-cutting measure, according to a report in O Estado de S. Paulo on Wednesday. LATAM confirmed there would be redundancies but would not give an exact number. "The company has adopted measures so the change will have the least impact possible on workers," the airline said in a statement.
LATAM Airlines Group will invest $400 million in upgrading the cabins on more than 200 aircraft, or about two-thirds of its fleet.
LATAM Airlines Group expects to have its entire Boeing 787 fleet back in service by year-end, after it was forced to ground more than half of its 787s in the second quarter due to engine issues.
NEW YORK, NY / ACCESSWIRE / August 21, 2018 / LATAM Airlines Group SA (NYSE: LTM ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 21, 2018 at 10:00 AM Eastern ...
On a per-share basis, the Santiago, Chile-based company said it had a loss of 19 cents. The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment ...
SANTIAGO, Chile (AP) — A Chilean man angry over an airline not returning his suitcase made false bomb threats that caused up to 11 commercial flights to take emergency measures in Chile, Argentina and Peru, authorities charged Friday.
Nine planes were forced to make emergency changes to their routes within Chilean, Argentine and Peruvian airspace on Thursday because of bomb threats issued to Chile's civil aviation authority, its director general told journalists. At least two of the planes were operated by LATAM Airlines and three by Sky, a low-cost Chilean airline, the companies confirmed. Victor Villalobos Collao, the director general of Chile's civil aviation authority (DGAC), said 11 threats were made in total on Thursday, two of which were "fictitious" and nine of which related to existing flights.
NEW YORK, Aug. 02, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Jack ...
For today, WallStEquities.com observes Hawaiian Holdings Inc. (NASDAQ: HA), JetBlue Airways Corp. (NASDAQ: JBLU), LATAM Airlines Group S.A. (NYSE: LTM), and Southwest Airlines Co. (NYSE: LUV). Companies in the Regional Airlines space operate regional aircraft to provide passenger air service to communities without sufficient demand to attract mainline service.
WallStEquities.com draws investors' attention to the Regional Airlines space, which provides domestic air transportation services regionally to both individuals and companies that ship cargo. In this morning's lineup are these four stocks: Hawaiian Holdings Inc. (NASDAQ: HA), JetBlue Airways Corp. (NASDAQ: JBLU), LATAM Airlines Group S.A. (NYSE: LTM), and Southwest Airlines Co. (NYSE: LUV).
Moody's Investors Service, (Moody's) has today upgraded the Corporate Family rating (CFR) of LATAM Airlines Group S.A (LATAM) to Ba3 from B1. At the same time, Moody's upgraded to B1 from B2 the foreign ...
LATAM Airlines (LTM) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
SANTIAGO (Reuters) - LAN Express, a unit of Chile-based LATAM Airlines, will resume normal flight schedules on Thursday after most of the unionized workers of the unit formally ended an 18-day-old strike, ...
A strike by cabin workers for a unit of Chile-based LATAM Airlines continued for the 18th day on Friday despite the union's attempt to end it, LATAM said. Chile's government notified the company that the union's decision to unilaterally terminate its strike did not comply with labor laws passed last year, LATAM said late on Friday. The work stoppage by the 1,000-member Cabin Crew Union of LAN Express, a LATAM subsidiary, has led to the cancellation of nearly 2,000 flights and affected some 350,000 passengers.
C.H. Robinson's (CHRW) Q1 is likely to benefit from an impressive performance of the transportation sector. The new tax law is another catalyst for earnings growth.
In view of the positive sentiment surrounding transports, we have zeroed in on four transportation stocks that are likely to report better-than-expected earnings per share in Q1.
Increasing competition is making it hard to be Latam Airlines. After a union of cabin crew employees went on strike in Chile April 10, asking for improved working conditions, the carrier said that it couldn’t oblige, citing intensifying rivalry in the domestic market. "Low-cost operators offer fewer benefits than we do, and they pay less than we do," Ignacio Cueto, Latam’s chairman, told reporters today.
The union of cabin workers for LAN Express, a subsidiary of Chile-based LATAM Airlines group, said on Thursday it would unilaterally end a more than two-week strike that had led to the cancellation of 2,000 flights. The 1,000-member Cabin Crew Union of LAN Express, which had negotiated for more than two months with the airline, the region's largest carrier, said in a statement it would explain its reasons in a news conference later on Thursday. LATAM, meanwhile, said the protest could not officially end until the termination of the strike was approved by authorities.
The union of cabin workers for LAN Express, a subsidiary of the Chile-based LATAM Airlines group, said on Thursday it would unilaterally end a more than two-week strike that had led to the cancellation of 2,000 flights. The 1,000-member Cabin Crew Union of LAN Express, which had negotiated for more than two months with the airline, the region´s largest carrier, said early Thursday morning in a statement it would explain its rationale in a press conference later today. LATAM did not immediately respond to requests for comment.