LATAM Airlines Group S.A.(LFL)- NYSE
  • Tue, Aug. 30, 11:18 AM
    • LATAM Airlines Group (LFL -0.4%) has taken delivery of its first A320neo at Airbus (OTCPK:EADSY +0.4%) headquarters in Toulouse.
    • The carrier will become the first airline in North and South America, and the fifth operator in the world, to use the ultra-fuel efficient aircraft.
    | Tue, Aug. 30, 11:18 AM
  • Fri, Aug. 12, 6:56 AM
    • LATAM Airlines (NYSE:LFL): Q2 net loss of $92.08M.
    • Revenue of $2.11B (-12.4% Y/Y).
    • Press Release
    | Fri, Aug. 12, 6:56 AM
  • Mon, Jul. 25, 12:16 PM
    • LATAM Airlines (LFL -1.9%) agrees to pay a $12.75M fine as part of a settlement with the Department of Justice.
    • The Chilean carrier's predecessor paid bribes to Argentinian officials by creating a fake third-party vendor in a case that dates back almost ten years.
    • Shares of LFL are up 62% YTD.
    • DOJ press release
    | Mon, Jul. 25, 12:16 PM
  • Wed, Jul. 20, 7:14 AM
    • Deutsche Bank upgrades LATAM Airlines Group (NYSE:LFL) to a Buy rating from Hold.
    • Positive factors seen for LATAM include the general improvement in Latam economies and significant capacity cuts.
    • The investment firm raises its price target by 57% to $11. Shares of LATAM are already up 65% YTD to $8.92.
    | Wed, Jul. 20, 7:14 AM
  • Tue, Jul. 12, 9:58 AM
    • Airline stocks are making strong gains on a flurry of positive news.
    • The investment in LATAM Airlines (LFL +23.9%) by Qatar Airways is having a ripple effect across other global carriers. Copa Holdings (CPA +7.9%), Avianca Holdings (AVH +8.1%), and Go Linhas (GOL +7.8%) are all solidly higher.
    • In the U.S., a stronger-than-anticipated report from United Continental (UAL +7.7%) on its key Q2 revenue metric is the highlight along with a sweeping upgrade from Deutsche Bank.
    • The investment firm raises United, American Airlines Group (AAL +8.6%), and Delta Air Lines (DAL +4.7%) to Buy from Hold.
    • "We are of the view that all known negatives (Brexit, tepid global economic growth, over-supplied markets, etc.) are more than fully discounted in the share prices which are, on average, trading at 6.4x our 2016 EPS estimates and 6.8x our 2017 EPS estimates," reads the note from DB.
    • Alaska Air Group (ALK +4.3%), JetBlue Airways (JBLU +4%), Southwest Airlines (LUV +3.4%), and Spirit Airlines (SAVE +3.3%) are all higher as well.
    • The U.S. Global Jets ETF (NYSEARCA:JETS) is up 3.86% on the day.
    | Tue, Jul. 12, 9:58 AM | 5 Comments
  • Tue, Jul. 12, 9:24 AM
    | Tue, Jul. 12, 9:24 AM
  • Tue, Jul. 12, 7:46 AM
    • Qatar Airways announces that it will take a 10% stake in LATAM Airlines (NYSE:LFL) with an investment of $618M. Latam will increase its capital by issuing new stock at $10 a share which will clear a path for Qatar Airways to sweep in.
    • Qatar Airways is the state-owned carrier of the nation of Qatar.
    • The deal was announced at the Farnborough Air Show.
    • LATAM Airlines ADRs are inactive in the premarket session in the U.S.
    | Tue, Jul. 12, 7:46 AM
  • Fri, Jun. 24, 3:02 PM
    • In the rush to safety and away from cyclical stocks like airlines, Ryanar (RYAAY -5.1%), and the U.S. legacy carriers - American Airlines (AAL -10%), Delta (DAL -7.4%), and United (UAL -8.3%) - are most exposed to the Brexit, says Raymond James' Savanthi Syth.
    • The Latin American airlines are also negatively exposed to the stronger U.S. dollar - Copa (CPA -4%), Gol (GOL +6%), and Latam (LFL -6.1%).
    • For now, Allegiant (ALGT -1.5%), Spirit (SAVE -3.9%), and SkyWest (SKYW -5.1%) are best to hide out in, along with Alaska Air (ALK -4.3%) and Virgin America (VA -0.4%) to some extent.
    | Fri, Jun. 24, 3:02 PM | 38 Comments
  • Tue, Jun. 14, 8:26 AM
    • Shares of LATAM Airlines Group (NYSE:LFL) are on watch after Goldman Sachs lowers the airline stock to a Sell rating.
    • The investment firm lowers its price target to $5.80 from $6.70.
    • LATAM is one of the carriers with the most exposure to Zika travel concerns.
    | Tue, Jun. 14, 8:26 AM
  • Tue, May 31, 2:24 AM
    | Tue, May 31, 2:24 AM | 41 Comments
  • Thu, May 12, 4:03 AM
    • LATAM Airlines Group S.A. (NYSE:LFL): Q1 net income of $102.2M
    • Revenue of $2.33B (-16.5% Y/Y) misses by $70M.
    • Press Release
    | Thu, May 12, 4:03 AM
  • Wed, May 11, 2:12 PM
    | Wed, May 11, 2:12 PM | 9 Comments
  • Wed, Mar. 9, 11:35 AM
    • LATAM Airlines Group S.A. (NYSE:LFL): Q4 net loss of $16.3M
    • Revenue of $2.41B (-22.3% Y/Y) misses by $30M.
    • Shares -2.8%.
    | Wed, Mar. 9, 11:35 AM
  • Fri, Jan. 29, 7:31 AM
    | Fri, Jan. 29, 7:31 AM | 2 Comments
  • Thu, Jan. 28, 10:07 AM
    • A warning from the World Health Organization on the Zika virus spreading rapidly in the Americas is creating a stir.
    • "The level of alarm is extremely high," said WHO director general Dr. Margarat Chan.
    • The outbreak is of a particular concern in Brazil where the Summer Olympics are due to be held in August. Some airlines (LFL, GOL) could be impacted negatively.
    • If Zika spreads closer to the U.S., sales of mosquito-related products could soar at companies such as Spectrum Brands (SPB +1.3%), Home Depot (HD +0.1%), Lowe's (LOW), and S.C. Johnson  (similar to how cases of Ebola in the U.S. led to big sales gains at Clorox an Grainger on disinfectants).
    | Thu, Jan. 28, 10:07 AM | 5 Comments
  • Thu, Jan. 28, 2:28 AM
    • American Airlines (NASDAQ:AAL) has expanded its refunds for pregnant customers visiting areas impacted by the Zika virus to include Puerto Rico, Martinique and nine countries in the Americas and Caribbean.
    • The move follows refund announcements by airlines such as United Continental (NYSE:UAL), Latam (NYSE:LFL) and others.
    • Since there is no vaccine or specific drug to treat Zika, stopping travel to locations that have Aedes mosquitoes is the primary form of preventing the virus from spreading to the U.S.
    | Thu, Jan. 28, 2:28 AM | 4 Comments