American Airlines (AAL) Comments on LATAM (LTM) Partnership
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/23/2026
- Nasdaq reaches record high close, AI stocks rally
- Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks
- Exclusive: SB Energy Nasdaq IPO moving forward as planned
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
American Airlines on LATAM Partnership
September 26, 2019 5:41 PM EDTFORT WORTH, Texas, Sept. 26, 2019 (GLOBE NEWSWIRE) -- LATAM and the Cueto family have been terrific partners of American Airlines for decades and we wish them well. Given the recent negative ruling by the Chilean Supreme Court, which would have significantly reduced the benefits of our partnership since Chile was not approved as a part of the potential joint business arrangement, we understand LATAMs decision to partner with a U.S. carrier that isnt burdened by the ruling. Further, this change in partnership is not expected to have a significant financial impact to... More
