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LATAM Cancels Joint Venture Plans With IAG The LATAM Airlines Group has given up on its plans to form an association with the International Airlines Group (IAG) after having decided to leave the Oneworld alliance. The South American based Airline had decided on Wednesday, December 4th, 2019 to cancel the planned joint venture with the owners of British Airways and Iberia according to Aviation website FlightGlobal. [...] Santiago, Chile – December 6, 2019. “LATAM Airlines Group and International Airlines Group (IAG; the parent company of British Airways and Iberia) have deci
As the bond rate inversion curve appeared on 14-Aug-2019 in the US and the UK, Wall Street headed rapidly south. A number of other countries have already this experienced inversion for a while. And in Germany, the world’s fourth largest economy, GDP growth rate went into reverse in 2Q2019. Does this mean recession is coming, or even imminent? Air freight numbers have been steadily falling for nearly a year. They used to be good forward indicators of where the world economy is headed, but not so much in recent years. Passenger traffic growth too has slowed markedly in the past year. Globa
2º trim./1º sem. apresentação: https://www.iairgroup.com/~/media/Files/I/IAG/documents/iandr-featured-publications-english/2Q19%20results%20vFINAL_PRINT_post.pdf Relatório financeiro https://www.iairgroup.com/~/media/Files/I/IAG/Interim%20Management%20Report%20for%20six%20months%20to%20June%2030%202019.pdf Apesar dos ótimos resultados, AL&Caribe são o atual problema, o PRASK caiu 11,5%. Também quem mandou +15,3% ASK. 1º sem. Ebit milhões 1H18 margem 1H18 BA 761 libras -36 11,8% -1.2pp IB 109 euros -38
May 24, 2019 Chile‘s Supreme Court overruled the Court of Free Competition’s (TDLC) decision on the JBA between LATAM Airlines Group, American Airlines and IAG, and rejected the JBA proposal (La Tercera/Reuters, 23/24-May-2019). The court decided the combined market-share resulting from the alliance “would be hard to challenge”. The carriers have alternative plans to pursue the partnership in markets other than Chile. https://blueswandaily.com/chile-supreme-court-rejects-jba-between-latam-american-airlines-and-iag-as-hard-to-challenge/