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TAM Airlines

Latam Airlines to Resume Operating Boeing 787s in 'Coming Days'

Latam Airlines Group SA (LFL, LAN.SN) will resume operations of its Boeing Co. (BA) 787 Dreamliners in "coming days," the Chilean holding company said in a statement late Wednesday.In January, Latam Airlines suspended service of its Boeing 787s following a directive from the U.S. Federal Aviation Administration after the aircraft presented technical problems with its batteries.The carrier, Latin America's largest by market capitalization, completed a test flight with one of its 787s after making changes to the aircraft's battery system as suggested by Boeing and the FAA."The operation of the aircraft was completely normal. We have complied with all of the required modifications," Ignacio Cueto, chief executive of Latam Airlines' LAN Airlines unit, said in the statement.Latam Airlines was born in June from the merger of Chilean LAN Airlines SA and Brazilian carrier TAM SA.LAN has received three of the 32 jets it ordered. Boeing will deliver the remainder over the next 10 years.Write to ...

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  1. Brazil Aviation Agency OKs Azul's Takeover of Trip Linhas Aereas

    Brazil civil aviation regulator Anac Wednesday approved the takeover of Trip Linhas Aereas by rival airline Azul Linhas Aereas Brasileiras, clearing one more hurdle ...

  2. Star Alliance Girds for TAM Departure in Key Brazilian Market

    Star Alliance is girding for the likely departure of Brazilian carrier TAM SA, which would leave the marketing and frequent flyer partnership without a foothold in t...

  3. Chile Latam Airlines Seen Posting a Third-Quarter Loss After LAN-TAM Merger -Analysts

    SANTIAGO, Chile--Analysts expect Chilean holding company Latam Airlines Group SA (LFL, LAN.SN) will likely post a third-quarter loss on lower revenue from Brazil, st...

  4. Brazil's Gol To Expand Overseas Routes, Cut Back at Home -Report

    Gol Linhas Aereas Inteligentes (GOL, GOLL4.BR), Brazil's second-biggest airline, plans to expand international flights while continuing to cut back on domestic ones,...

  5. Brazil to Audit Gol and TAM Following Check-In Problems

    Brazil's civil aviation authority, Anac, said Thursday it would carry out an inspection of the check-in systems of leading airlines TAM SA and Gol Linhas Aereas Inte...

  6. Brazil to Audit Gol, TAM Systems Following Check-in Problems

    Brazil's civil aviation authority Anac said Thursday it would carry out an inspection of the check-in systems of leading airlines TAM SA and Gol Linhas Aereas Inteli...

  7. Brazil's Azul, Trip Expect Merger Approval by Year-End

    Brazilian airlines Azul Linhas Aereas Brasileiras and Trip Linhas Aereas said Thursday they expect regulatory approval for their merger by the end of this year and h...

  8. Latam Airlines Could Consider Capital Increase to Recover Investment Grade

    Chilean holding company Latam Airlines Group SA (LFL, LAN.SN) could consider a capital increase to recover LAN Airlines SA's former investment-grade credit rating, t...

  9. ADR Report: Shares Fall As Spanish Banks Drag

    International companies trading in New York ended lower Monday, in line with the broader market, as political gridlock in Greece fueled fears that the country could ...

  10. TAM Expects Brazil Air Travel Demand To Grow 7%-9% This Year

    TAM SA (TAM, TAMM4.BR), Brazil's biggest airline, said Monday it expects demand for air travel in Brazil to grow as much as 9% this year, possibly leading the compan...

  11. Brazil Airline Tam 1Q Net Profit Falls 22% To BRL101 Million

    Brazilian airline TAM SA (TAM, TAMM4.BR), which is in the process of merging its operations with Chile's LAN Airlines SA (LFL, LAN.SN), said late Friday its first-qu...

  12. Chile Stocks End Lower On JP Morgan Trading Losses, Spain Banks

    Chile's IPSA select stock index closed lower Friday tracking lower U.S. stocks on J.P. Morgan (JPM) $2 billion trading losses and Spain's banking problems.The IPSA e...

  1. Brazil to Carry Out Study of Possible Aid for Airlines

    Brazil's Secretary of Civil Aviation asked the country's national development bank BNDES and civil aviation agency Anac to carry out an extensive study of the financ...

  2. Brazil's Multiplus Cancels Share Sale Citing 'Market Conditions'

    Multiplus SA (MPLU3.BR), the frequent-flyer program of Brazilian airline Tam SA, said Thursday that it canceled plans to sell additional voting shares due to unfavor...

  3. Latam Airlines Group Choses Oneworld For LAN, TAM Brands

    Latam Airlines Group SA (LFL, LAN.SN) is staying in the Oneworld alliance, bringing the Brazilian arm of its operations TAM Airlines into the fold, the company said ...

  4. Brazil's Leading Airlines Tam , Gol Cut Jobs to Reduce Costs

    Brazil's two leading airlines, Tam SA and Gol Linhas Aereas Inteligentes (GOLL4.BR), announced layoffs over the weekend as the struggling carriers, which merged rece...

  5. White House to Nominate Mary Jo White to Lead SEC

    FBN's Tracy Byrnes breaks down afternoon market news.

  6. Apple Bites Wall Street's Rally

    The stock market is on fire.  The Dow Industrials closed at 13779 Wednesday -- within 221 points of 14000.  A rally in IBM (NYSE:IBM) shares accounted for nearly all...

  7. Brazil's Multiplus Advances Tam BRL500 Million for Tickets

    Multiplus, the customer loyalty program spun off from Brazil airline Tam, said Friday that its board approved payment of up to 500 million Brazilian reais ($244 mill...

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