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LATAM Airlines Group SA (NYSE:LFL) Receives Consensus Recommendation of "Hold" from Analysts
2016-03-02 20:54:22| Airlines - Topix.net
LATAM Airlines Group SA has been assigned a consensus rating of "Hold" from the eight analysts that are covering the company, AnalystRatings.NET reports . Three equities research analysts have rated the stock with a sell recommendation and five have assigned a hold recommendation to the company.
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Brazil raises foreign ownership limit on airlines to 49 pct
2016-03-02 13:32:23| Airlines - Topix.net
Brazil has lifted the legal limit on foreign ownership of local airlines to 49 percent, from 20 percent previously, according to a presidential decree published in the official gazette on Wednesday, opening the door to more help for troubled carriers. Weak domestic demand and the sharp depreciation of Brazil's currency have caused deep operating losses, forcing airlines to cut routes and jobs and seek foreign partners.
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limit
brazil
ownership
Southwest Airlines Co (LUV) Stake Lowered by Meritage Portfolio Management
2016-03-02 12:27:26| Airlines - Topix.net
Meritage Portfolio Management cut its stake in shares of Southwest Airlines Co by 0.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission . The firm owned 171,774 shares of the airline's stock after selling 1,325 shares during the period.
Tags: management
portfolio
southwest
airlines
China Southern Airlines gets new chairman after corruption scandals
2016-03-02 11:27:14| Airlines - Topix.net
A new chairman has filled the vacancy at Asia's largest airline company by fleet size, China Southern Airlines Group, in a sign that the sector's biggest corruption probe may be over. Wang Changshun, a vice-minister in the Ministry of Transport, was appointed China Southern's chairman and deputy Communist Party secretary on Monday, the company said in a notice on its website on Wednesday, four months after former chairman Si Xianmin was taken away for investigation.
Tags: china
southern
chairman
airlines
Five airlines submit bids for Scottsbluff air service
2016-03-02 04:07:35| Airlines - Topix.net
The Director of Western Nebraska Regional Airport says he's surprised and pleased by the number of proposals to provide essential air service to the community. Great Lakes Aviation has so far been joined by key Lime Air, Via Air, Aerodynamics Incorporated and Penn Air in submitting plans for service to Scottsbluff.
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