52 Week Range
As of on the Santiago Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
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Market Cap (MIL)
Dividend (Yield %)
Delta Air Lines Says To Exit Its Stake In Brazil's Gol In Wake Of Latam Deal
American Airlines Says Latam Tie-Up With Delta Not Expected To Have Significant Financial Impact On American
Delta Air Lines To Invest $1.9 Bln For A 20% Stake In LATAM Airlines Group
LATAM Airlines Group SA is a Chile-based company, which is engaged in passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and international routes in America, Europe and Oceania. These businesses are performed directly or through its subsidiaries in different countries. It operates through two segments: the Air transportation business and the Coalition and loyalty program Multiplus. It Air transportation segment corresponds to the route network for air transport. Its segment of Coalition and loyalty program called Multiplus is a frequent flyer programs, which operate as a unilateral system of loyalty that offers a flexible coalition system. The Company operates a fleet of over 329 aircrafts. Its passenger aircrafts include Airbus A319-100, Airbus A350-900, Boeing 767-300ER, Boeing 787-8, Boeing 787-9 and Boeing 777-300ER.
Av. Americo Vespucio 901
Ignacio Javier Cueto Plaza
Chairman of the Board
Enrique Cueto Plaza
Chief Executive Officer
Carlos Alberto Heller Solari
Vice Chairman of the Board
Ramiro Diego Alfonsin Balza
Chief Financial Officer
Chief Operating Officer
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Chile's LATAM Airlines <LTM.SN> posted an $86 million profit in the third quarter, more than double the $35 million profit a year earlier, according to a securities filing.
Qatar Airways CEO Akbar al-Baker said his airline would consider lifting its 10% stake in LATAM Airlines Group SA <LTM.SN> if the opportunity came up - comments which come after Delta Air Lines Inc <DAL.N> agreed last month to buy 20% of the Chilean carrier.
A surprise $1.9 billion investment by Delta Air Lines <DAL.N> in LATAM Airlines Group <LTM.SN> is likely to fire up competition in South America as the weakest U.S. carrier in the region joins up with the strongest homegrown player.
Latin American stocks rallied on Friday, with Mexican shares set for their best session in six months, as they tracked a strong rise on Wall Street after U.S. data showing moderate jobs growth offered some relief from recession fears. The Labor Department's September data...
(This Sept. 26 story has been refiled to correct airline group to SkyTeam alliance instead of the Sky Alliance, paragraph 6)
Airlines headlined stock moves in Latin America on Friday, after Delta Air Lines' purchase of a stake in Chile's LATAM Airlines sent its shares soaring 30%, while Brazilian counterpart Gol slid. LATAM's surge saw Chile stocks jump up to 2.5% during the session and hit their...
Chilean shares led Latin American stock markets higher on Friday as shares of the region's largest carrier, LATAM Airlines, rose sharply after U.S. carrier Delta Air Lines bought a sizeable stake. Delta bought a 20% stake in LATAM for $1.9 billion, creating a major new partnership...
Shares in LATAM Airlines Group <LTM.SN> surged more than 30% at the market open on Friday, the day after Delta Air Lines <DAL.N> said it would buy a 20% stake in the company for $1.9 billion, creating a major new airline partnership and ending the Chilean carrier's ties...
Delta Air Lines said on Thursday it would buy a 20% stake in LATAM Airlines Group for $1.9 billion, creating a major new airline partnership and ending the Chilean carrier's ties with American Airlines.
Delta Air Lines is ready to invest in the rescue of Italian flagship carrier Alitalia but still believes that a 10% stake is the right level of investment, Chief Executive Ed Bastian told Reuters on Thursday.
(Updates prices, adds quote) * Banxico reduces 2019 growth target for Mexico * ARS slumps despite central bank intervention * Jump in oil prices lifts stocks in Latam By Agamoni Ghosh Aug 28 (Reuters) - Latin American currencies weakened against a firm dollar on Wednesday...
Chile's LATAM Airlines Group, South America's largest airline, posted a narrower loss of $63 million in the second quarter, boosted by growing revenue in Brazil but dragged down by a recession in Argentina.
Chile's LATAM Airlines Group posted a loss of $63 million in the second quarter, a significant reduction compared to a loss of $206 million in the same period last year.
Brazil's No. 3 airline, Azul SA <AZUL.N>, said on Monday it would start operating 17 flights per day between Sao Paulo and Rio de Janeiro, the country's most transited route, currently dominated by the country's No. 1 and 2 carriers.
Mexico's peso and the Brazilian real fell on Monday, while most other Latin American currencies firmed against a weaker dollar as investors awaited the G20 summit where the U.S. and Chinese presidents are expected to meet to revive trade talks. Argentina's peso rose 0.9%...
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.
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 approval by Chilean antitrust regulators.
Chile's LATAM Airlines , the largest airline in the region, posted on Thursday a $60 million loss in the first quarter, compared with a $92 million profit in the same period last year, due to a strong U.S. dollar and weak demand from Argentina.
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.
Brazil's antitrust regulator said on Friday that a plan announced by the country's top two airlines, Gol Linhas Aereas Inteligentess and LATAM Airlines, to acquire some of competitor Avianca Brasil's airport slots could run afoul of antitrust laws.
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