UPDATE 1-Chile Supreme Court rejects LATAM deal with American, BA and Iberia [Reuters]
LATAM AIRLINES GROUP SA (LTM)
US:NYSE Investor Relations:
latamairlinesgroup.net
Company Research
Source: Reuters
Chile Supreme Court rejects LATAM deal with American, BA and Iberia SANTIAGO (Reuters) - Chile’s Supreme Court on Thursday struck down a proposed joint business agreement between LATAM Airlines, the region’s largest carrier, and American Airlines, British Airways and Iberia Airlines. The decision comes more than two years after the carriers announced their plans, which at the time was seen as a bold move to save costs and coordinate prices, but also raised some antitrust concerns. LATAM shares were down around 0.6%, in line with the broader Chilean benchmark index. The decision in Chile could also spell trouble for a separate group of airline competitors, who had announced a similar deal of their own to take on the LATAM alliance. Late last year, United Airlines, Colombia’s Avianca Holdings and Panama’s Copa Airlines announced a joint business agreement to share routes across Latin America. That deal is also waiting on regulatory approval but is at a much earlier stage. LATAM did not
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LTM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LTM alerts
High impacting LATAM AIRLINES GROUP SA news events
Weekly update
A roundup of the hottest topics