03-Nov-2010 3:35 PM
LAN Airlines up on Fitch comments; AirTran and Alaska Air report improved traffic
Analysis
LAN Airlines (+2.1%) gained on Tuesday (02-Nov-2010) after Fitch Ratings viewed LAN's recent announcement that the company has reached an agreement to acquire 98.942% of the outstanding shares of Colombian airline AIRES, through the purchase of its parent entities, as neutral to LAN's credit quality.
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