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Name | Symbol | Market | Type |
---|---|---|---|
LATAM Airlines Group SA | NYSE:LTM | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.21 | 0 | 01:00:00 |
By Graciela Ibanez
Chile's LAN Airlines, a unit of Latam Airlines Group SA (LFL, LAN.SN), is waiting Boeing Co.'s (BA) green light to fly its 787 jets, also known as Dreamliners, again, a person familiar with the carrier said.
A Tuesday report from local Diario Financiero newspaper said LAN would resume the 787 flights in the Santiago-Lima-Los Angeles route on June 30.
The jets are grounded world-wide since last month when the U.S. Federal Aviation Administration issued a directive to halt flights after several incidents raised concerns about the plane's safety.
FAA officials said they won't allow the plane return to service until safety risks over the aircraft's lithium-ion batteries are cleared.
LAN has received three of the 32 Boeing 787s it ordered and Boeing will deliver the remainder over the next 10 years.
Write to Graciela Ibanez at graciela.ibanez@dowjones.com
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