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LATAM Airlines Group S.A. (LTMAQ)

OTCMKTS: LTMAQ · Delayed Price · USD
1.22 -0.21 (-14.69%)
Nov 26, 2021 4:00 PM EST - Market closed
Market Cap739.82M
Revenue (ttm)3.92B
Net Income (ttm)-4.55B
Shares Out606.41M
EPS (ttm)-4.71
PE Ration/a
Forward PE10.17
Dividendn/a
Ex-Dividend Daten/a
Volume881,863
Open1.43
Previous Close1.43
Day's Range1.08 - 1.27
52-Week Range1.33 - 3.05
Beta2.00
Analystsn/a
Price Targetn/a
Earnings Daten/a

About LTMAQ

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Peru, Argentina, the United States, Europe, Colombia, Brazil, Ecuador, Chile, the Asia Pacific, and rest of Latin America. The company provides passenger transport services to approximately 111 destinations in 16 countries, as well as cargo services to approximately 117 destinations in 20 countries; and operates loyalty programs. As of December 31, 2020, it operated a fleet of 297 aircraft, which include 286 passenger aircraft ...

IndustryAirlines
Founded1929
CEOEnrique Cueto Plaza
Employees28,701
Stock ExchangeOTCMKTS
Ticker SymbolLTMAQ
Full Company Profile

News

LATAM Airlines files restructuring plan to exit bankruptcy

Chile's LATAM Airlines Group SA said on Friday it has filed a reorganization plan, proposing an $8.19 billion infusion of capital into the group, in a bid to exit its Chapter 11 bankruptcy.

1 day ago - Reuters

Delta (DAL) Expands Codeshare Agreement With LATAM Airlines

Delta (DAL) aims to aid connectivity between the United States and South America through the expanded Codeshare Agreement with LATAM Airlines.

1 week ago - Zacks Investment Research

LATAM Airlines posts $692 million Q3 loss as pandemic headwinds persist

Latin America's largest airline, LATAM Airlines, reported losses of some $692 million in the third quarter on Tuesday, as the indebted company said it was still battling challenges from the coronavirus ...

2 weeks ago - Reuters

Mastercard (MA) Ties Up With LATAM Airlines Group to Ease Travel

Mastercard (MA) collaborates with LATAM Airlines Group in a bid to unveil innovative digital solutions for improving the travel experience of commuters.

Other symbols:MA
5 months ago - Zacks Investment Research

LATAM Airlines seeks extension of deadline for restructuring plan

LATAM Airlines Group, the region's largest carrier, said on Wednesday that it had sought to extend until September the deadline to present its restructuring plan as part of the bankruptcy protection pro...

5 months ago - Reuters

Azul looking to buy bankrupt LATAM Airlines' Brazil operation, source says

Brazilian airline Azul SA has approached Chile's bankrupt LATAM Airlines Group with the aim of buying its Brazilian operation, a source familiar with the situation told Reuters.

Other symbols:AZUL
6 months ago - Reuters

Why Big Latin Airlines Chose Bankruptcy While U.S. Airlines Didn't

Large Latin American Airlines have filed for bankruptcy after the pandemic while U.S. carriers have avoided this. There are historical and structural reasons for this.

7 months ago - Forbes

South American airlines brace for flight cuts as second wave of virus rages in Brazil

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.

Other symbols:GOL
8 months ago - Reuters

LATAM Airlines reports $963 million loss in fourth quarter

LATAM Airlines Group, the region's largest airline, on Tuesday reported a loss of $962.5 million in the fourth quarter, hurt by a second wave of the pandemic which has hit Latin America particularly hard.

8 months ago - Reuters

Bankrupt LATAM Airlines: No Fleet Exodus

LATAM Airlines is in restructuring bankruptcy, but the fleet has changed very little. Reason for small changes can be found in the fleet age.

1 year ago - Seeking Alpha

Bankrupt LATAM Gets Financial Lifeline

A New York district court overseeing the bankruptcy of LATAM Airlines Group (OTC: LTMAQ) approved a financing proposal to allow the Chilean carrier to access $2.45 billion for countering the impact of t...

1 year ago - Benzinga

U.S. bankruptcy judge rejects LATAM Airlines proposed $2.4 billion financing deal

A U.S. bankruptcy judge on Thursday rejected a $2.4 billion financing plan for struggling LATAM Airlines on the grounds that a convertible loan included as part of the package would amount to "improper"...

1 year ago - Reuters

LATAM Airlines reports a loss of $890 millon in second quarter

LATAM Airlines, South America's largest carrier, on Tuesday reported a net loss of $890 million for the second quarter, hit by the coronavirus pandemic that drove the company into a Chapter 11 bankruptc...

1 year ago - Reuters

LATAM Airlines set to fire at least 2,700 workers in Brazil: reports

LATAM Airlines is poised to fire at least 2,700 workers in Brazil, including pilots, starting with a voluntary redundancy process slated to commence next week, O Globo and O Estado de S. Paulo newspaper...

1 year ago - Reuters

Five Ways Latin American Airlines Can Strengthen Through Bankruptcy

Some Latin American Airlines are using bankruptcy as a way to restructure their business, Used effectively, this could make the Latin airline industry stronger and more resilient.

1 year ago - Forbes

LATAM Airlines adds $1.3 billion to bankruptcy financing proposal, Brazil unit seeks protection

LATAM Airlines, the largest airline group in Latin America, said Thursday it had secured an additional $1.3 billion for its financing proposal before a New York bankruptcy court, while adding its unit i...

1 year ago - Reuters

Latin America's airline apocalypse signals a future with weak competition

Bankrupt LATAM Airlines and Avianca Holdings are dramatically retrenching their once grand ambitions amid the COVID-19 pandemic, reducing competition in Latin America as they mull once-unthinkable coope...

1 year ago - Reuters

LATAM Airlines says operations to plunge 50% by year's end

LATAM Airlines Chief Executive Roberto Alvo said on Thursday he expects the region´s largest carrier to be operating at half of pre-pandemic levels by the end of 2020, and that a full recovery was unlik...

1 year ago - Reuters

LATAM Airlines Shuts Argentine Subsidiary, International Cargo Unaffected

LATAM Airlines Group (NYSE: LTM) said Wednesday it is closing its Argentina subsidiary for an indefinite period because of difficult economic conditions, but that international flights and cargo operati...

1 year ago - Benzinga

LATAM Airlines to suspend operations in Argentina indefinitely

LATAM Airlines Group on Wednesday said it will cease operations at its Argentine subsidiary "indefinitely," its first major cutback since Latin America's largest airline filed for bankruptcy protection...

1 year ago - Reuters

LATAM Airlines bondholders in talks to supply up to $1.5 billion loan, sources say

A group of bondholders of LATAM Airlines Group SA are in talks to supply up to $1.5 billion in a debtor-in-possession loan within the Chapter 11 proceeding in the United States, two people with knowled...

1 year ago - Reuters

LATAM Airlines (LTM) May Traffic Hurt by Coronavirus Woes

LATAM Airlines (LTM) load factor tanks 3980 basis points in May due to dwindling air travel demand induced by the COVID-19 pandemic.

1 year ago - Zacks Investment Research

Why Gol Linhas Aereas and Azul Stocks Dropped Today, but Bankrupt LATAM Airlines Popped

Airlines are in dire straits, but one airline in the direst is outperforming today.

Other symbols:GOLAZUL
1 year ago - The Motley Fool

Why Shares of Latam and Other Latin American Airlines Are Soaring Today

The carriers not yet in bankruptcy are making moves to avoid it.

Other symbols:AZULGOL
1 year ago - The Motley Fool

Is the Options Market Predicting a Spike in LATAM Airlines (LTM) Stock?

Investors need to pay close attention to LATAM Airlines (LTM) stock based on the movements in the options market lately.

1 year ago - Zacks Investment Research