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Stock Market & Financial Investment News

News Breaks
June 22, 2012
09:21 EDTLFL, TAMLAN and TAM complete their transaction and create LATAM Airlines Group
At the closing of the exchange offer, 99.9% of TAM shares that participated in the exchange offer agreed with the deregistration of TAM as a public company in Brazil, thus meeting the delisting condition. The tendered shares together with the TAM shares committed by the TAM controlling shareholders represent 95.9% of the total shareholding of TAM. LAN and TAM will continue to operate under their existing brands, with the same excellent service and quality that characterizes them today. Customers can continue to fly with LAN or TAM just as they do today.
News For LFL;TAM From The Last 14 Days
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August 12, 2014
18:38 EDTLFLLATAM Airlines reports Q2 operating net income ($58.9M), consensus (6c)
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August 8, 2014
16:40 EDTLFLLATAM Airlines reports preliminary July traffic down 1.4%
LATAM Airlines Group S.A. reported its preliminary monthly traffic statistics for July compared to July 2013. System passenger traffic decreased by 1.4% while capacity decreased by 3.2%. As a result, the company's load factor for the month increased 1.6 points to 84.7%. International passenger traffic accounted for approximately 51% of the month's total passenger traffic. Domestic passenger traffic in LATAM Airlines Group's Spanish speaking operations - Chile, Argentina, Peru, Ecuador and Colombia- rose 5.0%, while capacity increased by 2.1%. As a consequence, the domestic passenger load factor increased 2.2 points to 80.9%. Domestic passenger traffic in Brazil decreased by 7.8%, while capacity decreased by 7.0%. As a consequence, the domestic Brazil passenger load factor decreased 0.7 points to 83.8%. International passenger traffic increased by 1.3%, while capacity decreased by 2.2%. Accordingly, the international passenger load factor for the month increased 3.0 points to 86.6%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.
August 7, 2014
06:23 EDTTAMTaminco backs FY14 adjusted EBITDA view of $290M-$295M
06:22 EDTTAMTaminco reports Q2 EPS 21c, consensus 59c
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