LATAM Airlines Group S.A. (LTM.SN)
| Previous close | 12.35 |
| Open | 0.00 |
| Bid | 12.56 x 0 |
| Ask | 12.60 x 0 |
| Day's range | 12.35 - 12.71 |
| 52-week range | 6.30 - 13.43 |
| Volume | |
| Avg. volume | 111,134,012 |
| Market cap | 7.616T |
| Beta (5Y monthly) | 1.78 |
| PE ratio (TTM) | 11.56 |
| EPS (TTM) | 1.09 |
| Earnings date | 31 July 2024 - 05 Aug 2024 |
| Forward dividend & yield | 0.26 (2.13%) |
| Ex-dividend date | 13 May 2024 |
| 1y target est | 18.35 |
BloombergLula Wants Strings Attached to Brazil’s Rescue Plan for Airlines
(Bloomberg) -- Brazil’s government has presented its aid plan for the airline industry to the three largest players in the country with an announcement expected in the second half of the year, according to people familiar with the matter.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceGameStop Shares Surge as Gill’s Reddit Return Shows Huge BetMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyHomebuyers Are Starting to Revolt Over Steep P
ReutersLATAM 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. The move by Chile-based LATAM, whose local unit is currently Brazil's No. 1 carrier in international operations by market share, comes as rival Air France KLM also announced it would add a new route to the South American nation. LATAM said starting Oct. 27, it will increase flights from Sao Paulo to Orlando, Los Angeles, Johannesburg, Milan, Rome, Madrid and Lisbon by 38% when compared to the same period a year ago.
ReutersLATAM Airlines boosts yearly earnings outlook after solid Q1 results
Chilean carrier LATAM Airlines hiked its earnings forecasts for this year on Thursday, backed by a strong first-quarter performance and increased demand. LATAM sees its revenues ranging from $12.8 billion to $13.1 billion for the year, up from a previous estimate of $12.4 billion to $12.8 billion. In a presentation to journalists, LATAM executives cited boosted operations, cost-containment measures and an improved capital structure as the reasoning behind the fresh EBITDAR outlook.
