|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||2.1500 - 2.4900|
|52 Week Range||0.6000 - 3.5000|
|Beta (5Y Monthly)||2.14|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 21, 2020|
|1y Target Est||2.16|
Rating Action: Moody's downgrades ratings of LATAM Pass Through Trusts, Class A and Class B, ratings will be withdrawnGlobal Credit Research - 22 Apr 2021New York, April 22, 2021 -- Moody's Investors Service ("Moody's") downgraded its ratings of LATAM Pass Through Trust 2015-1A to Caa3 from B3 and LATAM Pass Through Trust 2015-1B to C from Ca. On 15 March, the DC instructed the Controlling Party to auction the aircraft.
Chile’s LATAM Airlines is open to signing an exclusive contract with an e-commerce operator in Latin America as it looks to boost its cargo unit due to persistently weak passenger demand resulting from the coronavirus pandemic, an executive told Reuters. E-commerce has grown substantially in Latin America during the pandemic although it has historically lagged due to poor infrastructure. Argentina's Mercadolibre Inc dominates in the region, especially in Brazil, and has a small fleet of in-house planes.
South America's airlines are bracing to cut flight capacity in the region beyond original expectations as a second wave of coronavirus infections in Brazil rages on and dampens demand for travel. Chile's LATAM Airlines, said on Friday it expects flights in March to fall by 65% compared with March 2019, before the pandemic hit. The new guidance shows how badly the second coronavirus wave is affecting airlines in the region, especially in Brazil, which just this week posted a new record for daily deaths.