Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Chile's LATAM Airlines reports 2nd qtr loss of $114 mln [Reuters]

LATAM AIRLINES GROUP SA (LTM) 
US:NYSE Investor Relations: latamairlinesgroup.net
Company Research Source: Reuters
Chile's LATAM Airlines reports 2nd qtr loss of $114 mln | Reuters 2 Min Read Aug 20 (Reuters) - LATAM Airlines, the biggest airline group in Latin America, reported a net loss of $114 million in its second quarter, a period that is usually the weakest for air travel companies throughout the region. But this year has brought additional challenges for airlines, including rising oil prices and a weak Brazilian real that makes international travel more costly for Brazilians, a top market for LATAM together with Chile. The company said the weaker real had netted a $79 million loss. LATAM has struggled in recent years, amid a merger with Brazilian airline TAM in 2012 that has not boosted profits and a more intensely competitive market that prompted the airline to adopt a low-cost model for its domestic flights, including new charges for checked luggage and preferred seating options. The company’s stock is down 27 percent so far this year in the Santiago Stock Exchange and, before the earnin Show less Read more
Impact Snapshot
Event Time:
LTM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for LTM alerts
Opt-in for
LTM alerts

from News Quantified
Opt-in for
LTM alerts

from News Quantified