Streetbeat News

LTMAY

LATAM Airlines Group S.A.

https://www.latam.com/es_cl/

CEO

Enrique Cueto Plaza

Industry

Scheduled Passenger Air Transportation

Open

0.28

Mkt cap

15M

Volume

9.9M

High

0.29

P/E Ratio

0.45

52-wk high

1598.00

Low

0.04

Div yield

11.80

52-wk low

0.04

The Federal Aviation Administration (FAA) is assembling an expert panel to review Boeing's proposed Multi-Operator Message in response to issues related to Latam Flight 800, according to Reuters.

Portfolio Pulse from Happy Mohamed

March 15, 2024 | 4:54 pm

AerCap Holdings NV (AER) reported Q3 FY23 transactions and financial developments. The company signed 134 lease agreements, purchased 33 airlines, and completed 52 sale deals. It also repurchased about 20 million shares worth $1.2 billion and carried out financing transactions worth $3.9 billion. In Q2 FY23, the company reported a 10% YoY total lease revenue growth to $1.72 billion, missing the analyst consensus of $1.82 billion. Adjusted EPS of $2.56 beat the analyst consensus of $2.06.

Portfolio Pulse from Lekha Gupta

October 09, 2023 | 12:55 pm

AerCap Holdings (AER) has delivered the first of eight new Airbus (EADSY) A321neo aircraft to LATAM Airlines Group (LTMAY). LATAM has also ordered 13 additional A321neo aircraft to expand its route network and drive regional growth. The remaining aircraft are scheduled for delivery through 2023 and 2024. The new A321neos are at least 20% more fuel-efficient, emitting 20% less CO2 and 50% less noise compared to previous generation aircraft.

Portfolio Pulse from Nabaparna Bhattacharya

October 03, 2023 | 4:59 pm

Raytheon Technologies' subsidiary Pratt & Whitney has won a contract from LATAM Airlines to power additional A320neo family aircraft. The deal expands on LATAM Airlines' initial order of GTF engines in 2013 and will now cater to 146 aircraft, including engine maintenance service through a long-term EngineWise Comprehensive service agreement.

Portfolio Pulse from Lekha Gupta

June 05, 2023 | 12:24 pm

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