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Chile's Latam Airlines swings to profit as passenger traffic grows | WSAU News/Talk 550 AM · 99.9 FM

SANTIAGO (Reuters) -LATAM Airlines on Monday posted a third-quarter net profit of $232 million, boosted by higher passenger revenues and a turnaround . ....

Kylie Madry , Cynthia Osterman , Aida Pelaez Fernandez , Gabriel Araujo , Fabian Cambero , David Alire Garcia , Ramiro Alfonsin , Marion Giraldo , Pratt Whitney , Airlines On , Chief Financial Officer Ramiro Alfonsin ,

Chile's Latam Airlines swings to profit as passenger traffic grows

SANTIAGO (Reuters) -LATAM Airlines on Monday posted a third-quarter net profit of $232 million, boosted by higher passenger revenue and a turnaround from a loss in the same period last year when the carrier was still in bankruptcy proceedings. The profit, which topped an analyst consensus, reverses a year-earlier net loss of $296 million, with passenger revenue jumping 26%. Available seat kilometers (ASK), a measure of an airline's seats multiplied by kilometers flown, rose 15%, with recovery seen especially in international flights, LATAM said. ....

Kylie Madry , Gabriel Araujo , David Alire Garcia , Cynthia Osterman , Ramiro Alfonsin , Fabian Cambero , Aida Pelaez Fernandez , Marion Giraldo , Airlines On , Pratt Whitney , Chief Financial Officer Ramiro Alfonsin , Latam Airlines , Net Profit , Bankruptcy Proceedings , Passenger Revenue ,

Chile's Latam Airlines swings to profit in third quarter

LATAM Airlines posted a third-quarter net profit of $232 million on Monday, a turnaround from a loss of $296 million in the same period last year when the carrier was still in the process of its.
-October 30, 2023 at 06:10 pm EDT
- MarketScreener ....

Fabian Cambero , Kylie Madry , Marion Giraldo , Aida Pelaez Fernandez , Ramiro Alfonsin , Gabriel Araujo , David Alire Garcia , Chief Financial Officer Ramiro Alfonsin ,