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LATAM Airlines Group made $441 million last quarter, up from $379 million a year earlier.

ResultsRead the original at travelprnews.com
Neutral

LATAM's net income and operating revenue rose, with passenger and premium-cabin demand supporting growth. Jet fuel costs narrowed its adjusted operating margin, so the gains and cost pressure point in different directions.

LTM · LATAM Airlines Group

AI read · Neutral

The AI's read

Strong passenger and cargo demand lifted sales, and premium-cabin revenue climbed 23%. The company also expects $17.6 billion to $17.8 billion in full-year revenue. But rising jet fuel costs pulled the adjusted operating margin down from 18.1% to 12.5%. The growth and the squeeze on margins point in different directions, leaving the results mixed.

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