LATAM Airlines Group S.A (LTMAY) News

Price: $0.05
Market Cap: $15.11M
Avg Volume: 265
Country: CL
Industry: Airlines, Airports & Air Services
Sector: Industrials
Beta: 1.85
52W Range: $0.0425-1598.0
Website: LATAM Airlines Group S.A
LATAM Airlines' Earnings Will Remain 'Higher For Longer,' Says Bullish Analyst
LATAM Airlines' Earnings Will Remain 'Higher For Longer,' Says Bullish Analyst

LATAM Airlines Group SA LTM shares were declining in early trading on Tuesday.

benzinga.com

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Boeing faces another headwind after LATAM Airlines plunge
Boeing faces another headwind after LATAM Airlines plunge

Boeing has an assembly issue with 787 Dreamliners and the FAA is forcing the company to address it. It marks yet another woe for the embattled aerospace giant.

foxbusiness.com

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LATAM Airlines: Back From The Grave
LATAM Airlines: Back From The Grave

LTM was relisted on the NYSE with the correct share count and price transparency vs the OTC listing. LTM emerged from Chapter 11 with a de-risked balance sheet, far more efficient operation, and is executing above target that should drive EBITDA growth of 17%. At a target multiple of 5x EV/EBITDA, LTM shares have 64% upside potential with solid growth and cash flow prospects.

seekingalpha.com

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LATAM Airlines mulls possible purchase of up to 30 Embraer jets, Brazil minister says
LATAM Airlines mulls possible purchase of up to 30 Embraer jets, Brazil minister says

LATAM Airlines could potentially buy as many as 30 aircraft from Brazilian planemaker Embraer as the carrier looks to expand operations in Latin America's largest economy, Brazil's ports and airports minister said on Tuesday.

reuters.com

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LATAM Brazil chief says airline could add smaller Embraer, Airbus planes
LATAM Brazil chief says airline could add smaller Embraer, Airbus planes

LATAM Airlines is weighing the possibility of adding smaller aircraft to its fleet such as Embraer's E2 and Airbus' A220, the firm's Brazil head said on Wednesday.

reuters.com

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LATAM Airlines to invest $2 bln in Brazil over 2 years
LATAM Airlines to invest $2 bln in Brazil over 2 years

LATAM Airlines on Monday said that it would invest $2 billion in Brazil, Latin America's largest economy, within the next two years.

reuters.com

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U.S. IPO Weekly Recap: Insurance And Healthcare Lead A 4 IPO Week
U.S. IPO Weekly Recap: Insurance And Healthcare Lead A 4 IPO Week

A handful of IPOs priced this past week, led by three sizable names. One large issuer joined both the pipeline and the calendar - Chile-based LATAM Airlines Group. Six IPOs are scheduled to list in the week ahead and are set to raise a combined $5.1 billion, the most for any week so far this year. One SPAC is also set to debut.

seekingalpha.com

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LATAM Airlines expands frequency of Brazil international flights; Air France adds route
LATAM Airlines expands frequency of Brazil international flights; Air France adds route

LATAM Airlines will increase the frequency of seven of its international routes connecting Brazil to the United States and countries in Europe and Africa, it said on Thursday.

reuters.com

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LATAM Airlines Group S.A. (LTMAY) Q1 2024 Earnings Call Transcript
LATAM Airlines Group S.A. (LTMAY) Q1 2024 Earnings Call Transcript

LATAM Airlines Group S.A. (OTCPK:LTMAY) Q1 2024 Earnings Conference Call May 3, 2024 9:00 AM ET Company Participants Ramiro Alfonsin - Chief Financial Officer Roberto Alvo - Chief Executive Officer Conference Call Participants Victor Mizusaki - Bradesco BBI Stephen Trent - Citi Guilherme Mendes - JPMorgan Operator Good day and thank you for standing by.

seekingalpha.com

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LATAM scraps plan to acquire Boeing B737s after talks end with bankrupt Gol
LATAM scraps plan to acquire Boeing B737s after talks end with bankrupt Gol

LATAM Airlines said on Wednesday that it was no longer seeking to acquire Boeing B737 planes either from bankrupt Brazilian carrier Gol or other sources, opting to look for alternative narrowbody aircraft after talks failed.

reuters.com

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Boeing urges airlines to check switches after LATAM plane plunge
Boeing urges airlines to check switches after LATAM plane plunge

Boeing on Friday warned airlines flying its 787 Dreamliner model to inspect certain switches in the cockpit, after a New Zealand-bound LATAM plane dropped violently mid-flight, injuring dozens of travelers.

techxplore.com

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Boeing cockpit seat switch mishap reportedly led to Latam flight incident
Boeing cockpit seat switch mishap reportedly led to Latam flight incident

New scrutiny of planemaker's 787 Dreamliner over terrifying drop adds to safety crisis after cabin panel blowout on 737 Max 9 jet

theguardian.com

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Switch on cockpit pilot seat may have inadvertently triggered sudden plunge in Boeing Latam jet: report
Switch on cockpit pilot seat may have inadvertently triggered sudden plunge in Boeing Latam jet: report

A switch on a pilot's seat aboard a Boeing 787 Dreamliner may have caused the flight to suddenly lose altitude, resulting in injuries to several passengers.

marketwatch.com

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Pilot seat movement a focus of probe into LATAM Boeing flight, report says
Pilot seat movement a focus of probe into LATAM Boeing flight, report says

The movement of a flight deck seat is a key focus of the probe into a sudden mid-air dive by a LATAM Airlines Boeing 787 plane that left more than 50 people injured, aviation industry publication the Air Current reported on Wednesday.

reuters.com

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Black box seized after 'technical' failure on Boeing-made LATAM plane
Black box seized after 'technical' failure on Boeing-made LATAM plane

New Zealand investigators Tuesday seized the flight recorder from a Boeing-made LATAM plane, searching for the cause of a mid-air plunge that injured dozens of terrified travelers.

techxplore.com

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New Zealand Authorities Seize LATAM Boeing 787's Black Boxes After Incident Injures Over 50 Onboard
New Zealand Authorities Seize LATAM Boeing 787's Black Boxes After Incident Injures Over 50 Onboard

Authorities in New Zealand said Tuesday they were seizing the so-called black boxes of the LATAM Airlines Boeing 787 plane, which faced a mid-flight technical issue that resulted in more than 50 passengers and crew getting injured a day earlier.

forbes.com

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New Zealand says seizing black boxes from LATAM Boeing 787
New Zealand says seizing black boxes from LATAM Boeing 787

New Zealand's Transport Accident Investigation Commission said on Tuesday it was seizing the cockpit voice recorder and flight data recorder of a LATAM Airlines Boeing 787 after an incident that left more than 50 people injured.

reuters.com

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At Least 50 Injured On LATAM Airlines Boeing 787 After Technical Problem Causes Sudden Drop In Altitude
At Least 50 Injured On LATAM Airlines Boeing 787 After Technical Problem Causes Sudden Drop In Altitude

At least 50 people were injured on board a Boeing 787-9 flight from Sydney to Auckland operated by Chilean airline LATAM after the aircraft experienced a technical issue that caused it to suddenly lose altitude.

forbes.com

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LATAM Airlines Stock: Buy On Revenue And Margin Growth
LATAM Airlines Stock: Buy On Revenue And Margin Growth

LATAM Airlines Group already saw its results improve in 2022 after a restructuring. The restructuring is expected to be more visible in 2023 as margins recover on topline growth.

seekingalpha.com

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